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Decks in this class (8)
Aggregate Demand
What is aggregate demand ad 1,
What does the ad curve represent 2,
What is the wealth effect 3
41
cards
Elasticity
What is ped 1,
What is the formula for ped 2,
What factors influence the ped 3
40
cards
Definitions
Accelerator effect 1,
Aggregate demand 2,
Consumption 3
11
cards
The Economic Problem
What is the economic problem what...,
What do we consider when we choose 2,
What is the opportunity cost 3
34
cards
How Markets Work?
What is a market 1,
What 3 people allocates resources 2,
What are the features of a compet...
21
cards
Macroeconomic Objectives
What is the definition of economi...,
What is the trend rate of growth ...,
What is the definition of trend r...
25
cards
Market Failure
What is the definition of a marke...,
What is allocative efficiency 2,
What is dynamic technical efficie...
12
cards
Macroeconomic Policy
Progressive tax 1,
Regressive tax 2,
Expansionary fiscal policy 3
6
cards
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Economics
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