Economics Grade 10 Unit 3

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

Decks in this class (15)

Circular Flow
Draw the circular flow in your book,
What are the leakages in the circ...,
What are the injections in the ci...
4  cards
Business Cycle
What are the four phases in the b...,
Describe the characteristics of a...,
Describe the characteristics of a...
3  cards
Economic Indicators
What are the three economic indic...,
Define lagging indicator,
Define leading indicator
8  cards
Ideal Growth Rates
Ideal growth rates for gdp,
Target rates for inflation,
Ideal rates for unemployment
5  cards
Causes of Poverty
List some of the reasons of poverty
1  cards
Variations to Economic Performance Between Countries
What causes variations to economi...
1  cards
Definitions
Definiton of GDP, inflation, interest rates
2  cards
Wealth and Income
Define income,
Define wealth
2  cards
Solutions to Poverty
What are some soltions to poverty
1  cards
World Wide Organizations
What are the four world wide orga...
1  cards
Income Inequality Distribution
What is income inequality distrib...,
What is the gini coefficient,
What is the lorenz curve
5  cards
Poverty: Definitions
Define poverty,
Define absolute poverty,
Define relative poverty
4  cards
Roles of the Government
What are the five objectives of t...,
What are the three roles of the g...,
What are some of the roles the go...
4  cards
Fiscal Policy
What is the purpose of fiscal policy,
What are some fiscal policy initi...,
What is a budget surplus
8  cards
Monetary Policy
What is the purpose of monetary p...,
Explain how a change in the cash ...,
Identify the inflation target rat...
6  cards

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Economics Grade 10 Unit 3

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