Cards in this guide (18)
Macroeconomics can best be described as the
Study of an economy as a whole.
When you hire relative with no experience-Nepotism
not exactly. if you hire your relatives when there are more
experienced candidates that is nepotism.
Which of the following would not increase GDP
More imports
Imports. Apex 8)
imports. Apex 8)
Greater levels of investment.
Economics is about allocating resources to produce and distribute which of the following
What was the goal of nativists
To stop immigration =APEX
What is the most direct benefit of greater productivity
Goods and services are produced faster, which should reduce
costs and improve company profits. Additionally, consumers should
benefit from lower prices and increased availability.
Which of the following terms best characterizes cost-benefit analysis
What concept do economists use to measure the satisfaction a person gets from the use or consumption of goods and services
The concept of utility is a measure of consumer satisfaction.
Which of the following best explains why the game of economics does not have a signal goal
How were slaves affected by the new republic
Some northern states made slavery against the law.
Which of these results of the Columbian Exchange was negative for Native Americans
Native Americans received disease. Although they lost much, the
introduction of disease especially STD's.
What was one argument against immigration
Immigrants used public services but didn't pay taxes.
What did the Eighteenth and nineteenth century Romantics called the Dismal Science
Economics was called the dismal science.
How are tenements described
Tenements can be described as poor people.
Election fraud involves what activities
Intentionally voting more than once.
Which of he following is an advantage of a partnership
Which of the following is another term for a planned economy
Which of the following are not features of all games
-Winners
-Positions
-Teams