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Economics basics and vocabulary Flashcards | StudBud
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Economics basics and vocabulary
What is OOO?
What is it the study and act of big scale economics?
Economics basics and vocabulary
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Review for Economics
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7
Answers
1
What is it the study and act of big scale economics?
Mc Donald's Big Macs
Macroeconomics
Macaroninomnoms
Macaroons
2
What is OOO?
Output: Other goes Over
Other: Output goes Over
Oswald's Oatmeal Oats
Over: Output goes Other
3
What is deemed a capital for a restaurant?
A chef's spatula
A chef's home
A chef
A chef's beard
4
You can make 3 $20 tables at the cost of 4 $4 chairs each. What is the 2nd best profit ratio?
8 chairs
12 chairs
3 tables
2 tables
5
What is the biggest need?
Car oil
Clothes
Water bill
A four-by-four In-and-Out burger
6
If a company is forced to lay off employees, are they losing capital?
Baboof
Oof
No
Yes
7
What does IOU stand for?
Input: Other goes Under
In fact: Otters go Underwater
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