This class was created by Brainscape user Maddie Barth. Visit their profile to learn more about the creator.

Decks in this class (11)

Economics Study Guide: Chapter 2
Define economic system and name t...,
What are the 4 types of economic ...,
Define traditional economy
34  cards
Economy Chapter 17 Vocab
Trade deficit,
Trade surplus,
Fixed exchange rate
20  cards
Chapter 17 "Resources for Global (International Trade) Test Review
List the four reasons nations trade,
Define the difference between exp...,
Define absolute advantage
27  cards
Chapter 13 Vocab
Systematic changes in real gdp ma...,
Growth path the economy would fol...,
Explanation that prices rise beca...
22  cards
Chapter 13 "Economic Instability" Questions 1-14 Quiz Study Guide
What is the difference between bu...,
Explain the four phases of a busi...,
What are some reasons that can tu...
16  cards
Chapter 13 “Economic Instability” Test Review
What is the difference between a ...,
Explain the four phases of a busi...,
What are some reasons that can tu...
33  cards
Chapter 8 "Business Organization" Vocab
Requirement that an owner is pers...,
Form of a business organization r...,
Feature of taxation that allows s...
20  cards
Chapter 8 "Business Organization" Study Guide Review
What type of business is the most...,
Define sole proprietorship 75 but...,
Why are sole proprietorships so e...
38  cards
Chapter 12: Evaluating the Economy Vocab
Complete count of population incl...,
Monetary value of all final goods...,
Annual dollar income used to dete...
20  cards
Chapter 12: Evaluating the Economy Study Guide
What is gross domestic product gdp,
How is gdp calculated,
Gdp is a measure of final output ...
38  cards
Economics: Semester Exam Review
What is economics,
What is the fundamental economic ...,
What are the 4 factors of production
76  cards

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economy

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