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Economics Basics For First Year Flashcards | StudBud
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Economics Basics For First Year
Economics Basics For First Year
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Answers
1
Expand GDP
Gross Domestic Progress
Gross Domestic Product
Gross Domestic Problem
Great Domestic Product
2
What is ATM
Automatic Teller Machine
Automated Teller Machinne
Auto Transfer Money
Automatic Telling Mechine
3
What is macro Economics
Study about Macro things
Study about small things
Study about money
Study about International trade
4
The branch of economics that deals with individual actors (small scale problems) is ____.
macroeconomics
microeconomics
scarcity
marginal analysis
5
Economics is the study of
People allocating limited resources to satisfy unlimited wants
People controlling money in an economy
Consumers deciding what to buy
Government deciding what to produce
6
"Trickle-down economics" is most closely associated with President
Roosevelt.
Hoover.
Harding
Coolidge