What is the problem with using barter for transactions? What is the advantage of using money for transactions instead of barter? - -• Requires a double coincidence of wants • Money simplifies and increases the number of market transactions • Money promotes economic growth -What are the funct...
[Show more]
macroeconomics - -the study of the economy as a whole 1. economic growth 2. unemployment 3. inflation 4. monetary and fiscal policy -microeconomics - -the study of decision making by individuals and firms along with how the government influences those decisions Ex: 1. Disney raising their t...
Preview 2 out of 5 pages
Add to cartmacroeconomics - -the study of the economy as a whole 1. economic growth 2. unemployment 3. inflation 4. monetary and fiscal policy -microeconomics - -the study of decision making by individuals and firms along with how the government influences those decisions Ex: 1. Disney raising their t...
What is the problem with using barter for transactions? What is the advantage of using money for transactions instead of barter? - -• Requires a double coincidence of wants • Money simplifies and increases the number of market transactions • Money promotes economic growth -What are the f...
Preview 1 out of 3 pages
Add to cartWhat is the problem with using barter for transactions? What is the advantage of using money for transactions instead of barter? - -• Requires a double coincidence of wants • Money simplifies and increases the number of market transactions • Money promotes economic growth -What are the f...
What date/time are the Open Zoom Hel Hours for our class? - -Monday's & Wednesday's at 10am ET -The following are questions about Ordinance 2145 put in place by the Borough of State College. In all housing types, gathers of more than __ persons shall be prohibited. Any person found to have ...
Preview 4 out of 34 pages
Add to cartWhat date/time are the Open Zoom Hel Hours for our class? - -Monday's & Wednesday's at 10am ET -The following are questions about Ordinance 2145 put in place by the Borough of State College. In all housing types, gathers of more than __ persons shall be prohibited. Any person found to have ...
What is the Business Cycle? - -Refers to the alternating periods of expansion and recession that the U.S. economy has experienced since at least the early nineteenth century. -What is a Business Cycle Expansion? - -A period during which total production and total employment are increasing. -Wh...
Preview 1 out of 4 pages
Add to cartWhat is the Business Cycle? - -Refers to the alternating periods of expansion and recession that the U.S. economy has experienced since at least the early nineteenth century. -What is a Business Cycle Expansion? - -A period during which total production and total employment are increasing. -Wh...
Which of the following is not one of the questions that all economies must answer? a. What to produce? b. how to produce? c. what price to produce at? d. none of the above - -c. what price to produce at? -Opportunity Costs are? a. Always present in any action b. The lost benefit of the best...
Preview 2 out of 14 pages
Add to cartWhich of the following is not one of the questions that all economies must answer? a. What to produce? b. how to produce? c. what price to produce at? d. none of the above - -c. what price to produce at? -Opportunity Costs are? a. Always present in any action b. The lost benefit of the best...
What economic concept was used as an example in the Concrete Examples video you were required to watch? Dual Coding means which of the following? - -scarcity Using both words and visuals while studying concepts. -Interleaving means you shouldn't study one idea for too long. Instead, you ...
Preview 4 out of 36 pages
Add to cartWhat economic concept was used as an example in the Concrete Examples video you were required to watch? Dual Coding means which of the following? - -scarcity Using both words and visuals while studying concepts. -Interleaving means you shouldn't study one idea for too long. Instead, you ...
The business cycle - -Alternating rises and declines in the Rea GDP -4 phases of the business cycle - -Peak Recession-more than 6 month (decline) Trough Expansion -The business cycles vary greatly in - -Duration intensityn -Causation - -changes in the levels of total spending ( majo...
Preview 1 out of 4 pages
Add to cartThe business cycle - -Alternating rises and declines in the Rea GDP -4 phases of the business cycle - -Peak Recession-more than 6 month (decline) Trough Expansion -The business cycles vary greatly in - -Duration intensityn -Causation - -changes in the levels of total spending ( majo...
The most important determinant of consumer spending is - -The level of Income -Compare the effect of a discretionary cut in taxes of $ 40 billion on the economy when the economy's marginal propensity to consume is 0.9 with the effect of a discretionary increase in government spending of $36 bill...
Preview 1 out of 4 pages
Add to cartThe most important determinant of consumer spending is - -The level of Income -Compare the effect of a discretionary cut in taxes of $ 40 billion on the economy when the economy's marginal propensity to consume is 0.9 with the effect of a discretionary increase in government spending of $36 bill...
The most important determinant of consumer spending is - -The level of Income -Compare the effect of a discretionary cut in taxes of $ 40 billion on the economy when the economy's marginal propensity to consume is 0.9 with the effect of a discretionary increase in government spending of $36 bill...
Preview 1 out of 4 pages
Add to cartThe most important determinant of consumer spending is - -The level of Income -Compare the effect of a discretionary cut in taxes of $ 40 billion on the economy when the economy's marginal propensity to consume is 0.9 with the effect of a discretionary increase in government spending of $36 bill...
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Stuvia is a marketplace, so you are not buying this document from us, but from seller LiamXavier. Stuvia facilitates payment to the seller.
No, you only buy these notes for $40.09. You're not tied to anything after your purchase.
4.6 stars on Google & Trustpilot (+1000 reviews)
75323 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now