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Name_____ ECONOMICS – FINAL EXAM REVIEW Unit One-Define the Following (Use Notes): Economics-Study of how individuals and society make choices about ways to use scarce resources. Factors of Production-resources of land, labor capital, entrepreneurship and technology Land-natural resources (ex: trees, coal, water, gold, oil)
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Economics Final Exam Study Guide Answers - examget
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Study Guide | Economics | FANDOM powered by Wikia
Final Exam Study Guide Some post-midterm review questions: 1. In a given economy, the money supply is acyclical, the price level is countercyclical, and technology and wages are procyclical. Which business cycle theory or theories could explain this outcome? Answer: According to Williamson, only..
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Economics Test Part 1 Study Guide ANSWER KEY Block
Economics Test Part 1 Study Guide ANSWER KEY Vocabulary: You must study and know all of the terms in the Economics Vocabulary list. Pay special attention to any words that you missed on the Quiz. Economic Systems 1. What are three basic questions that economists ask about economic systems?[PDF]
Answer Key to Final Exam - Economics
Answer Key to Final Exam 1. Multiple Choice: 1) D 2) C 3) B 4) D 5) D 6) A 7) B 8) D 9) D 10) B 11) D 12) C 13) D 14) D 15) A 16) B 17) D 18) A 19) C 20) C 21) B 22) D If you have questions regarding these questions please contact me. Bonus Multiple choices: ˘ ˇ ˆˆ ˇ ˇ ˆ ˙˙ ˝
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Economics 212 Principles of Macroeconomics Study Guide
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