American Economy (12th Grade)

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

Decks in this class (19)

Chapter 1
Scarcity,
Economics,
Need
41  cards
Chapter 6
Price,
Rationing,
Market equilibrium
13  cards
Chapter 9
Sin tax,
Incidence of a tax,
Tax loopholes
33  cards
Chapter 16
Aggregate supply,
The aggregate supply curve,
Aggregate demand
23  cards
Chapter 2
Traditional economy,
Advantage of a traditional economy,
Disadvantage of a traditional eco...
26  cards
Chapter 3
Sole proprietorship,
Forming a proprietorship,
Advantages of a proprietorship 6
35  cards
Unit 1 Test
Who makes all of the economic dec...,
What term is referred to when you...,
In what type of economy would you...
15  cards
Chapter 4
Demand,
Microeconomics,
Demand schedule
20  cards
Chapter 5
Supply,
Law of supply,
Supply schedule
24  cards
Unit 2 Test
As the price of a good increases ...,
4 reasons why prices effectively ...,
What can change the market supply...
16  cards
Chapter 8
Closed shops,
Union shops,
Modified union shops
22  cards
Chapter 10
Federal budget,
Mandatory spending,
Discretionary spending
28  cards
Chapter 11
State banks,
Legal tender,
United states notes
17  cards
Unit 3 Test
The process of bringing in a neut...,
The ability and willingness of wo...,
The belief that people should be ...
25  cards
Chapter 13
Gross domestic product gdp how is...,
What is excluded from gdp 4,
Intermediate products
26  cards
Chapter 14
Business cycles,
Business fluctuations,
Recession
19  cards
Chapter 15
Member banks,
Board of governors 3,
Federal reserve district banks
13  cards
Unit 4 Test
The dollar amount of all final go...,
Measures the output of all americ...,
A rise in the general price level...
20  cards
Final
Economics,
Scarcity,
The factors of production 4
38  cards

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American Economy (12th Grade)

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