This class was created by Brainscape user Jacob Grant. Visit their profile to learn more about the creator.
By:
Jacob Grant
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Decks in this class (15)
Chapter 1
What is the definition of economi...,
What does ends refer to 2,
What does means refer to 3
8
cards
Chapter 6
What is a shortage 0,
What is market equilibrium 1,
What is surplus 2
12
cards
Chapter 8
What is the product market 0,
What is a circular flow model 1,
What is the factor market 2
14
cards
Chapter 7
What is producer surplus 0,
What is consumer surplus 1,
What is total welfare economic su...
13
cards
Chapter 9
What are the four steps to calcul...,
What is price index 1,
What is consumer price index 2
3
cards
Chapter 2
What is scarcity 1,
What are scarce goods 2,
What are free goods 3
30
cards
Chapter 10
What is the labor force 0,
What is employment 1,
What is the working age population 2
20
cards
Chapter 3
What is labor 1,
What is capital 2,
What is land 3
17
cards
Chapter 4
What is a capitalist economy 1,
What is a command socialist econo...,
What is a mixed economy 3
16
cards
Chapter 5
What are the 5 factors that cause...,
A good where the demand increase ...,
A good where the demand decreases...
25
cards
Chapter 11
What is gross domestic product 1,
What is a final good or service 2,
In order to measure gdp what thre...
17
cards
Chapter 12
What are two things that limit me...,
Define household production 2,
What is the underground economy 3
19
cards
Chapter 13
What does aggregate mean 1,
What is the aggregate demand and ...,
What is aggregate demand 3
26
cards
Chapter 14
What is the long run aggregate su...,
What is the short run aggregate s...,
What is the difference between th...
33
cards
Chapter 15
What is monetary policy 1,
What are the goals of monetary po...,
What are the two main targets mon...
11
cards
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Macro Economics
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