Terms in economics
[DOC File]Study guide for Economics Unit I test
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Terms to know: You are responsible for knowing . ALL. the terms in Chapters 1-2. The ones listed below should be defined or identified on loose leaf paper and turned in. DUE DATE = 1/10/14. 1. Scarcity 11. Command economy 21. Competition. 2. Opportunity Cost 12. Traditional economy 22. Bankruptcy. 3. Capital (goods) 13. Market economy 23 ...
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separate sheet of paper in your own writing. You will submit this for a grade on the day of your test. Define the following terms: economics, consumer good, capital good, service, shortage, and utility.
[DOC File]Study Guide for Civics and Economics End of Course Exam
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Terms of Office – 4 years (may only serve 2 terms) (22nd Amendment) Cabinet and Executive Departments. Cabinet – is composed of heads of the 15 executive departments. ... Economics – the study of how people and countries use their resources to …
Economic Choices and Systems Key Terms Crossword Puzzle
Across. 1. Combines elements of the command and market economies. 3. The initiative to combine natural, human, and capital resources. 5. Value of the next-best alternative that is forgone to produce or obtain another product
[DOC File]QUANTITATIVE VERSUS QUALITATIVE ECONOMICS:
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The distinction is basically in terms of measurement. Quantitative economics relies on measurement, whereas qualitative economics is completely devoid of any measurement. Quantitative economics is, thus, both mathematical and statistical, while qualitative economics is only mathematical. The best analogy to understand the difference between the ...
[DOC File]Study Guide for Unit One: Principles of Government
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Economic Terms. Economics The study of human efforts to satisfy seemingly unlimited wants through the use of limited resources Capitalism An ECONOMIC SYSTEM that allows for individual choice Characteristics of a capitalist economy (5) Private ownership. Free enterprise.
[DOC File]International Economics, 7e (Husted/Melvin)
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A has comparative advantage in S, so once trade begins it must completely specialize in S. The international terms of trade must lie between 1/3 and 2. 7 . Title: International Economics, 7e (Husted/Melvin) Last modified by: Marianne Groth Created Date: 7/6/2006 4:28:00 PM Other titles: International Economics, 7e (Husted/Melvin) ...
[DOC File]Economics Wordsearch
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Economics Crossword. Find the economics terms in puzzle below. Sometimes 2 words are combined. Across. 1. The desire of a customer for a good or service. 3. Setting money aside to pay for certain wants or needs. 4. What you have to give up in order to get something else. 6. A limited supply
[DOC File]Answers to Chapters 1,2,3,4,5,6,7,8,9 - End of Chapter ...
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Hardware M 20 While no security is infallible, in general the smaller the network (in terms of geographic size) the more easily it can be secured. As network size increases it is difficult to include the network within a secure physical location. In addition, larger networks often require some use of public connection media which may be more ...
[DOC File]Learning Economic Terms Worksheet - Social Studies
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What is Economics? Directions: The first step is to fill in the left column with the missing terms. Then, match each of the following concepts with the appropriate definition by writing the definition’s letter next to the concept. _____ Scarcity People with all their efforts, abilities and skills
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