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economics

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

By: Aline Gomes
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Decks in this class (15)

Chapter 1 VF
1 the economic problem is essenti...,
Economists assume that people cus...,
An economist who says that consum...
25  cards
Chapter 2
Economists use the term demand to...,
Quantity demanded refers to the,
The law of demand states that
30  cards
Chapter 3
The price elasticity of demand in...,
An elastic demand curve is one fo...,
If the demand for product x is in...
20  cards
Chapter 4
Which of the following is an output,
The operation of all businesses a...,
A labour intensive process of pro...
20  cards
Chapter 5
Which of the following is a basic...,
Which of the following industries...,
Monopolistic competition resemble...
20  cards
Chapter 6
With respect to the monopolists d...,
A monopolists demand curve,
A monopolists demand curve
14  cards
Chapter 8
Gdp may be defined as,
Gdp can be calculated by adding,
If holmes pays weiss 190 then
20  cards
Chapter 9
If the consumer price index falls...,
Cost of living adjustment clauses...,
During a period of unanticipated ...
12  cards
Chapter 10
Exports have the same macroeconom...,
If equilibrium output in an open ...,
The aggregate demand curve
14  cards
Chapter 11
Fiscal policy refers to,
Fiscal policy refers to the,
Which of the following statements...
18  cards
Chapter 12
Money functions as,
If you are estimating your total ...,
If you place a part of your summe...
8  cards
Chapter 13
Which of the following statements...,
The bank rate is the interest rat...,
The interest rate at which the ba...
20  cards
Chapter 14
Which of the following would call...,
Canadian export transactions crea...,
Canadian import transactions crea...
5  cards
Chapter 15
Between 2011 and 2060 the ppp adj...,
As a percentage of the countrys g...
2  cards
Chapter 1 Review
An economic model usually includes,
Economists use the term demand to...,
The law of demand states that
12  cards

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economics

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