stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
Economy General Concepts Flashcards | StudBud
Explore
/
Economy General Concepts
What flow model is used in Economics?
It is the man made aids to production
Economy General Concepts
10 terms
·
StudBud Administration
·
71 plays
quiz
Flashcards
10 cards
F
Practice quiz
P
Host live
L
Questions
10
Answers
1
It is the man made aids to production
Entrepreneurial Ability
Labor
Land
Capital
2
What flow model is used in Economics?
Speed Flow Model
Economics Flow Model
Circular Flow Model
Information Flow Model
3
Among the choices, which is a dictatorship country? AKA.. Planned Economy
Denmark
Sweden
Cambodia
Austria
4
All are part of the E's in Economics except
Effectiveness
Efficiency
Equity
Equilibrium
5
An unproved proposition
Economy
Theory
Assumption
Hypothesis
6
A Type of economic resource defined as "the use of human effort in the production process."
Entrepreneurial Ability
Capital
Labor
Land
7
Which is the "free economy" in all the economic systems?
Market System
Mixed System
Command System
Traditional System
8
It is the attainment of goals
Effectivity
Equity
Efficiency
Effectiveness
9
It is a economic system passed on from generation-generation
Mixed System
Traditional System
Command System
Market System
10
These are the 4 Basic Decision Problems: consumption, production, distribution, and....
Growth over time
Laissez Faire
Economy
Profit
