This class was created by Brainscape user Luna Belen. Visit their profile to learn more about the creator.
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Luna Belen
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Decks in this class (12)
Quiz 1 The Big Ideas
According to the story of the con...,
According to adam smith people wo...,
What is the opportunity cost of a...
6
cards
2 Trade and Comparative Advantage
The power of trade lies in the ab...,
What is comparative advantage 2,
What is one of the main benefits ...
6
cards
3 Supply and Demand
The supply curve for oil shows 1,
If a tax is imposed on oil produc...,
A change in a good s own price ca...
9
cards
4 Equalibrium
Consumer surplus is the producer ...,
Producer surplus is the producer ...,
When a market is in equilibrium 3
8
cards
5 GDP
Which of the following statements...,
What is the main reason economic ...,
How does a recession typically af...
10
cards
Extras 1-5
What is the most proximate cause ...,
Which of the following is more li...,
Which of the following statements...
15
cards
6 Wealth of Nations
Mexico and bulgaria have roughly ...,
Qatar has a higher gdp per capita...,
Since 1800 real gdp per capita in...
13
cards
7 Growth
Japan s and germany s economic gr...,
The solow model is a simple model...,
In the equation y f k y equals 3
13
cards
8 Unemployment and Labor Force Participation Rate
In 2014 how did the number of bac...,
What percentage of us jobs requir...,
Which individuals are classified ...
10
cards
9 Inflation and the Quantity Theory
Which situation best describes hy...,
Under which circumstances can hyp...,
In zimbabwe in 2006 at what appro...
14
cards
10 Business Fluctuations
Recessions 1,
Business fluctuation is a type of...,
If _________ increases we can exp...
15
cards
Final Exam 1-5
According to the story of the con...,
According to adam smith people wo...,
What is the opportunity cost of a...
54
cards
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Econ
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