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Units: One-Seven
Page history
last edited
by D. Ryan Gilmore 11 years, 11 months ago
Dates
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Unit |
Vocabulary |
RACE Questions |
1/4-
1/13
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1
Ch.1
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Economics Key Terms Unit 1.pdf |
Choose 2 of the 4
- -Why is scarcity the central concept of economics?
- -How do people make economic choices?
- -How and why are production possibility curves constructed?
- -How do economists display data, and which types of data are collected in the different branches of economics?
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1/17-
1/27
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2
Ch.2-3
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Economics Key Terms Unit 2.pdf |
Choose 4 of the 7
- -What are the similarities and differences between the three main economic systems?
- -How do command economies work?
- -What do market economies require in order to function well?
- -How would you describe modern economies and the trends they follow?
- -What is a free enterprise system and how does it work?
- -How do consumers, producers and the government each influence the allocation of resources in the US economy?
- -How do governments seek to decrease negative externalities and increase positive externalities?
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1/29-
2/17
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3
Ch. 4-6
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EconomicsKeyTermsUnit3.pdf |
Choose 4 of the 7
- -What is demand and how is it described?
- -What factors affect changes in demand?
- -What is supply and how is it described?
- -What factors affect changes in supply?
- -How do demand and supply interact to determine equilibrium price?
- -How do prices provide information about markets?
- -How does the government use price floors, price ceilings and rationing?
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4
Ch. 7-8
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EconomicsKeyTermsUnit4.pdf |
- -How do economists use market structures to examine the competitiveness of an industry?
- -What is the ideal by which economists measure all market structures?
- -What are the four types of monopolies and how does each develop?
- -How does government act to prevent monopolies?
- -What are the types of business structures?
- -What are the advantages and disadvantages of each type
- of business structure?
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5.1
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EconomicsKeyTermsUnit5.pdf |
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5.2
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EconomicsKeyTermsUnit5.pdf |
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-What are the functions and the properties of money?
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-How did the U.S. banking system develop?
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-How has deregulation affected the U.S. banking system?
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-What factors affect investment choices?
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-What are the characteristics and the roles of both stocks and bonds in the U.S. economy?
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6
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-How does macroeconomics analyze the economy?
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-What do changes in real GDP mean as an economic indicator?
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-What determines economic growth?
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-How are poverty and income distribution interrelated?
- -What are the effects of inflation on the business cycle?
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7 |
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Units: One-Seven
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