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l l l l
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Decks in this class (16)
Chapter 1
What is the economic problem,
Economics,
Utility
32
cards
Chapter 2 Production And trade.
Efficiency,
Production possibilities frontier,
What does the curve on the graph ...
27
cards
Chapter 3 Global Economic System.
3 basic economic questions that e...,
Economic system,
What are the two primary economic...
34
cards
Chapter 4 Supply And Demand
How is the value a goods determined,
Demand,
Demand is shifted by
25
cards
Chapter 5 The Global Economy
Exchange rate,
Who sets the exchange rates,
What makes the value of a currenc...
15
cards
Chapter 6 GDP And Its Cycles
Flow variables,
Stock variables,
What are the uses of income by ho...
27
cards
Chapter 7 Inflation And Unemployment
Inflation,
Cpi,
Ppi
20
cards
Chapter 8 Aggregate Demand And Aggregate Supply
Aggregate,
Aggregate demand,
Aggregate supply
12
cards
Chapter 9 Classical Economics
What does any macroeconomics theo...,
Macroeconomics studies the econom...,
Aggregate means
20
cards
Chapter 10 Keynesian Economics
Summarize classical theory,
Summarize keynes theory,
Keynesian theory is a product of
31
cards
Chapter 11 Modern Macroeconomic Theories
Any macroeconomic theory needs to...,
Why did the classical theory fail,
Why did the keynesian theory fail
24
cards
Chapter 12 Money And Intrest Rates
Define money,
Barter system,
Commodity money
26
cards
Finals Chapter 13
In a fractional reserve banking s...,
In a fractional reserve banking s...,
The nominal interest rate is
34
cards
Finals Chapter 14
Countries grow per capita incomes...,
Neo classical economists thought ...,
Modern economists argue that the ...
10
cards
Finals Chapter 15
There are three questions that ha...,
Classical economists believe that...,
Keynesians believe that the gover...
27
cards
Quiz05
To be considered inflation all pr...,
If the market basket cost 2 000 i...,
Economists think that inflation i...
10
cards
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Economics 103
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