Econ Unit 2
#1. Trash cans and trash bags are examples of... - complements #2. This causes a movement along the demand curve, and not a shift - change in price #3. If a producer can get more money for her items...
elundstedt|4 years ago|±0|8 views
Econ 102 Exam 3
#1. Income statement - profit and loss statement #2. Net income - what's left after subtracting all accounting costs and taxes. #3. Accounting profit - the net income of a firm #4. Profit - define...
anw147|7 years ago|±0|73 views
Environmental Economics 4340
#1. Social Value - measured by willingness to pay for a good(Demand curve) #2. Demand Curve - Measures willingness to pay #3. Marginal Utility - level of satisfaction drops within a time period as ...
Desiree_Picazo|10 months ago|±0|1 view
#1. scarcity #2. opportunity costs #3. tradeoffs #4. marginal benefit #5. marginal cost #6. specialization #7. voluntary exchange #8. command economy #9. market economy #10. mixed economic system #11....
BishopEdu|6 years ago|±0|204 views
Political Econ Exam 1
#1. Specialization - method of production where a business area or economy focus on the production of limited scope of products or services to gain greater efficiency. #2. Law of Demand - A princi...
smromero|3 years ago|±0|16 views
Econ Exam 3
#1. What is the Function and Duties of the Chair of the Board of Governors? - Goes before congress twice a year Is the public face for federal reserve (Janet Gilan) #2. Explain Board of Governors...
taylor_lawless88|2 years ago|±0|15 views
Economics102 - Exam 1
#1. Scarcity - Exists when less of an item is available than required to satisfy everyone completely #2. Efficiency - Is the amount of goods produced using ecocide resources compared to the maximum ...
anw147|7 years ago|±0|143 views
Econ 315 Exam 1
#1. PV Formula - PV = FV/(1+i)n #2. PVPerpetuity - = CF / I CF : Cash Flow I: Interest Rate #3. Perpetuity - No Growth #4. Value of a firm - PVFirm = Current Profit (1+i)/(I-g) g < I #5. "I" i...
amairani1104|1 year ago|±0|8 views
Econ Exam Words
#1. AIG - Insurance co. that insured banks' trades; insured risk bets with CDSs insurance corporation, suffered a liquidity crisis when credit ratings downgraded to below AA in September 2008 #2. Col...
kate_ford18|7 years ago|±0|99 views
#1. Economics is the study of - how society uses limited resources #2. The knowledge and skills acquired by a worker through education and experiences is a description of which factor of production...
AU2016|5 years ago|±0|1,521 views