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☆☆☆☆☆Cards in this guide (15)
Conducting a survey to determine the current status of a welfare program
pure economics
What type of economic system was developed by Marx
socialist
Following World War 1 the political and economic leadership of the world had shifted to which of these
usa
If you left Promontory point Utah and traveled to San Francisco in which direction would you be traveling
West
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)
What does the flow of money determine in the circular flow model
The allocation of resources. :P
The effect of the cutting of the old-growth forests on the ancient cultures and traditions of the people
athropologist
In the circular flow model economic resources is both production and the factors of production
true
true
According to keynes which of these factors determined the income of the people
Consumption, Investment, and Government spending
What are the differences between facility and utility
Facility often refers to a location while Utility often refers to an object/goods/services
Which of these statements is not true regarding the regarding the expansion of the railroads
One statement that is not true regarding the expansion of the railroads is that no laws were passed to regulate the railroads. This was during the expansion from 1860 to 1900.
(A+) Railroad expansion took business away from the trucking industry.
What world event happened during 1963 1969
president Johnson is president of the U.s
What was the first central government to be established after the revolutionary war
Articles of Confederacy :D A+
Which group would be concerned with pollution of the river after cutting of the old forest
Environmentalists.
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