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Economics

Mattie Grant ∙

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Term1/15

In socialism but not in communism the government plays a strong role

Definition1/15

False! false

Term1/15

What type of economic system was developed by Marx

Definition1/15

socialist

Term1/15

At the time of World War 2 this economist spoke against laissez-faire arguing that government is necessary to address the problem of economic inequality

Definition1/15

Pigou

Term1/15

Many people criticized Keynes because his economic policy did what

Definition1/15

It was designed for the short term

Term1/15

The leaders of the communist revolution allowed some elements of capitalism into the Russian economy between 1921 and 1928

Definition1/15

true

Term1/15

In his economic system smith believed that basic economic questions were answered by which group

Definition1/15

market

aPLUS

Term1/15

What type of view of economics did the rational expectation school of economics headed by lucas and sargent take

Definition1/15

macroeconomic

Term1/15

What do the inner arrows of the circular flow model represent

Definition1/15

flow of money payments(Kaylop)
Factor services ( From household to firms) &

Goods & Services (From firms to households).

[in a 2 sector economy)

Term1/15

Marshal combined the idea of the marginalists and the classical capitalists to form which new theory

Definition1/15

price

Term1/15

The effect of the cutting of the old-growth forests on the ancient cultures and traditions of the people

Definition1/15

athropologist

Term1/15

Many people criticized keynes because his eonmomic policy did what

Definition1/15

Many people criticized Keynes because his economic policy did what?

Term1/15

In the circular flow model economic resources is both production and the factors of production

Definition1/15

true
true

Term1/15

What are the differences between facility and utility

Definition1/15

Facility often refers to a location while Utility often refers to an object/goods/services

Term1/15

Which of these answers best describes the Karl Marx's view of history

Definition1/15

a struggle of classes:)

Term1/15

Which group would be concerned with pollution of the river after cutting of the old forest

Definition1/15

Environmentalists.

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Cards in this guide (15)

In socialism but not in communism the government plays a strong role

False! false

What type of economic system was developed by Marx

socialist

At the time of World War 2 this economist spoke against laissez-faire arguing that government is necessary to address the problem of economic inequality

Pigou

Many people criticized Keynes because his economic policy did what

It was designed for the short term

The leaders of the communist revolution allowed some elements of capitalism into the Russian economy between 1921 and 1928

true

In his economic system smith believed that basic economic questions were answered by which group

market

aPLUS

What type of view of economics did the rational expectation school of economics headed by lucas and sargent take

macroeconomic

What do the inner arrows of the circular flow model represent

flow of money payments(Kaylop)
Factor services ( From household to firms) &

Goods & Services (From firms to households).

[in a 2 sector economy)

Marshal combined the idea of the marginalists and the classical capitalists to form which new theory

price

The effect of the cutting of the old-growth forests on the ancient cultures and traditions of the people

athropologist

Many people criticized keynes because his eonmomic policy did what

Many people criticized Keynes because his economic policy did what?

In the circular flow model economic resources is both production and the factors of production

true
true

What are the differences between facility and utility

Facility often refers to a location while Utility often refers to an object/goods/services

The leaders of the communist revolution allowed some elements of capitalism into the Russian economy between 1921 and 1928

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Economics

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Economics

In socialism but not in communism the government plays a strong role

What type of economic system was developed by Marx

At the time of World War 2 this economist spoke against laissez-faire arguing that government is necessary to address the problem of economic inequality

Many people criticized Keynes because his economic policy did what

Economics

Conducting a survey to determine the current status of a welfare program

What type of economic system was developed by Marx

Following World War 1 the political and economic leadership of the world had shifted to which of these

The leaders of the communist revolution allowed some elements of capitalism into the Russian economy between 1921 and 1928

Economics

Conducting a survey to determine the current status of a welfare program

What type of economic system was developed by Marx

Following World War 1 the political and economic leadership of the world had shifted to which of these

The leaders of the communist revolution allowed some elements of capitalism into the Russian economy between 1921 and 1928

Economics

What type of economic system was developed by Marx

If you left Promontory point Utah and traveled to San Francisco in which direction would you be traveling

What type of view of economics did the rational expectation school of economics headed by lucas and sargent take

What do the inner arrows of the circular flow model represent

Economics

Conducting a survey to determine the current status of a welfare program

What type of economic system was developed by Marx

Following World War 1 the political and economic leadership of the world had shifted to which of these

The leaders of the communist revolution allowed some elements of capitalism into the Russian economy between 1921 and 1928

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