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Daniel Baron
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Decks in this class (16)
Chapter 1: Limits, Alternatives, and Choices Notes
What is economics 1,
What is the economic perspective 2,
Why is scarcity important in econ...
20
cards
Chapter 2: The Market System and the Circular Flow
What is laissez faire capitalism 1,
What is a command system 2,
What is the market system 3
57
cards
Chapter 3: Demand, Supply, and Market Equilibrium
What is a market 1,
Name two examples of everyday con...,
What are stock exchanges 3
29
cards
Chapter 4: Market Failures Caused by Externalities and Asymmetric Information Summary
When does market efficiency occur 1,
What are the conditions for econo...,
Define total surplus 3
15
cards
Chapter 5 Public Goods, Public Choice, and Government Failure Summary
What are demand side market failu...,
What are the two main characteris...,
Define rivalry in terms of privat...
29
cards
Chapter 6 An Introduction to Macroeconomics
What are the two main areas of fo...,
What are the three key economic s...,
What is real gdp and why is it im...
54
cards
Chapter 7: Measuring Domestic Output and National Income
What is the purpose of national i...,
What is gdp gross domestic product 2,
Why does gdp count only final pro...
52
cards
Chapter 8: Economic Growth
What are the two main ways to mea...,
How is the growth rate of real gd...,
What is the difference between re...
86
cards
Actually Chapter 8
What are the two main measures of...,
What does the rule of 70 calculate 2,
What is the difference between re...
20
cards
Chapter 9: Business Cycles, Unemployment, and Inflation
What is the average annual growth...,
Name the four phases of the busin...,
What is the cyclical pattern of a...
45
cards
CHAPTER 10 Basic Macroeconomic Relationships*
What is the relationship between ...,
How is personal saving defined 2,
What is the significance of the 4...
71
cards
Actually 10
What is the relationship between ...,
How is personal saving calculated 2,
What does the 45 line represent i...
20
cards
CHAPTER 11 The Aggregate Expenditures Model
What was keynes primary goal in d...,
What is the key assumption of the...,
Why did keynes assume prices were...
30
cards
Chapter 12: Chapter 12 Aggregate Demand and Aggregate Supply
What is the ad as model 1,
Define aggregate demand 2,
Why does the aggregate demand cur...
49
cards
actuall 13
What is fiscal policy 1,
What are the two types of fiscal ...,
What are the main tools of fiscal...
26
cards
CHAPTER 13 Fiscal Policy, Deficits, and Debt
What is fiscal policy 1,
What is the difference between di...,
What is the role of the president...
77
cards
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Macro
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