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Economic Study Flashcards | StudBud

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What is Normative Economics

Give an example of Net Export

Economic Study

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Questions 10

Answers

1
Give an example of Net Export
Stealing from Alyssa
Punching homeless man
US exporting gincing to China
Russia Financings money for germany
2
What is Normative Economics
Refers to making judgements about exhausting policies
Advantage gained from something
Economics that are VERY NORMAL
Buisness Buisness buisness numbers etc
3
What happens during the resession phase
Demand for seller goods and trade
More money in the banks
The demand for goods and services starts declining rapidly and steadily
We shy rocket and make mad money
4
What is Dismal Science
Observing economic choises and predicting economic events
Money invested in the bank
AJ's Fresh cut
The Discipline of Economics
5
Definition of buisness cycle
buisness cycles
Econimic Fluctuation between periods of expansion and contraction
Economic Benefits working with another buisness
The distribution of juice
6
What is Opportunity Cost
Satisfaction you make for the choice you make
Economic term for unit of satisfaction
Money
Regret you get when not choosing Differently
7
Give an example of underemployment
Someone with degree in literature(Like Waiter)
A butler
Someone with no degree
Highschool dropout
8
What's an example of Investment Spending
buying art supplies
New Mircowave
buying a dog
Putting Money in Stocks
9
Nuisance goods are goods that have a negative cost
False
True
10
The satisfaction you gain from making a certain Decision-Opportunity Benefit
Kinda true not to sure though
Maybe
False
True