T.C.I. Economics - Chapter 1

The Physiocrats believed that a nation's wealth came from what?

Around how many people today on the planet are living in water stressed areas?

Any arrangement that brings buyers and sellers together is called a what?

If the invisible hand concept is practiced, what will happen?

In 1995, the federal government made a decision to do what with speed limits?

Adam Smith believed what was the key to a nation's wealth?

A graph represents how many sets of data?

Adam Smith believed that the role of government in the economy should be

According to Keynesian Economics, if the economy is struggling, what should happen?

In general, what do we know about individuals with higher levels of education/learning?

Based on current consumption rates globally, how many years of oil and natural gas remain on the planet?

One benefit of sleeping an extra hour would be

Between now and 2050 what is the projected amount of population growth?

If we believe something is going to help us; then we believe that the item will ____________ us.

In general -incentives tend to do what to human being?

If you Thinking at the Margin - you are what?

The mercantilist believed that a nation's wealth was represented how?

The idea that there is no free lunch essentially refers to what?

The economic term below that means additional is

A fine, Speeding Ticket, Jail Time are designed to do what?

In order to obtain a college degree in four years, what would you likely give up?

If you are seeking to freely pursue your own self interest and be happy you are experiencing the

The reason for the establishment of a National Speed Limit in 1974 was to

What might be the unintended consequence of getting a speeding ticket?

What is NOT an example of something economist use to help them in their predictions?

A subsidy is used by whom for what?

Thomas Malthus was deeply concerned about an increase in what?

How many earths is the United States consuming when it comes to the world's resources?

Economics is the study of our ability to manage what?

Keynesian Economist believe who should help people out that are in trouble?

In 1974, the Federal Government established a national speed limit at what rate?

To be a part of the National Honor Society is a what?

One of the greatest drawbacks in being an economists and their study is

As a general rule of thumb which statement is the most accurate

Individuals seeking to implement rational behavior are seeking to