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☆☆☆☆☆Cards in this guide (10)
What generates a demand for goods and services
PRICE
Why does scarcity exist in an economy
*there are not enough resources to produce everything people want*
In the circular flow of goods and services what does the product market represent
all the exchanges of goods && services
Which of these describes the work of Ivan Pavlov
He developed the idea of classical conditioning.
Which of these represents a market economic system
By buying or not buying goods and services, consumers provide answers to the basic economic questions
Which of these is the payment to the government in the circular flow of goods and services
Which of these is an example of a market economic system
The Price of a good or service is detrimend by consumer demand
In the circular flow of goods and services what does the government use money payments to provide
Goods and services
A teacher is having difficulty preparing for class and grading papers because she is caring for her elderly parents who are in a nursing home
role conflict
A group of people are standing in line as they enter a football stadium
social proximity
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