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Levi Kuhn
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Decks in this class (13)
Economic problem
What does ppc stand for 1,
What is the economic problem 1,
What are the four factors of prod...
10
cards
Economic assumption
Name 1 economic assumption 1,
What does irrational mean 2,
What does assumptions mean 3
10
cards
Demand, supply and market equilibrium.
What is demand 1,
How is a shift in demand shown on...,
Name three determinants of demand 3
10
cards
Elasticity
What is elasticity 1,
Give the equation for ped 2,
Define price elasticity of demand 3
10
cards
Mixed economy
What is the mixed economy 1,
Name the two sectors of mixed eco...,
What does market failure mean 3
10
cards
Externalities
Name 2 examples of a negative ext...,
What are social benefits 2,
What are private benefits 3
10
cards
production
Equation for productivity 1,
What is economics of scale 2,
What is productivity 3
10
cards
division of labor
What is the division of labor 1,
Why is the division of labor impo...,
How does the division of labor af...
10
cards
competition
What is perfect competition 1,
True or false in a perfectly comp...,
Fill in the blank in perfect comp...
10
cards
the labor market
What is the definition of the lab...,
True or false the demand for labo...,
Fill in the blank the _______ cur...
10
cards
Economic Growth
What is economic growth 1,
True or false economic growth is ...,
Fill in the blank economic growth...
10
cards
Low And Stable Inflation
What is the definition of low and...,
True or false inflation is always...,
Fill in the blank the target infl...
16
cards
Unemployment
What is unemployment 1,
True or false unemployment only a...,
Fill in the blank the unemploymen...
20
cards
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Economics revision
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