100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
AGBE 2317 Review Exam 1 Questions & Answers 2024/2025 $7.99   Add to cart

Exam (elaborations)

AGBE 2317 Review Exam 1 Questions & Answers 2024/2025

 3 views  0 purchase
  • Course
  • AGBE 2317
  • Institution
  • AGBE 2317

AGBE 2317 Review Exam 1 Questions & Answers 2024/2025

Preview 1 out of 2  pages

  • September 30, 2024
  • 2
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • AGBE 2317
  • AGBE 2317
avatar-seller
Bensuda
AGBE 2317 Review Exam 1 Questions &
Answers 2024/2025

Macroeconomics - ANSWERScenters attention on broad aggregates of the economy aka GDP,
unemployment,and inflation



Microeconomics - ANSWERSfocuses on individuals or groups of individuals aka consumers and
producers, individual businesses



food/fiber - ANSWERSAg economics is concerned with ________________ / natural resource sector



GDP - ANSWERSthe total market value of all final goods and services produced annually in an economy



12-15% - ANSWERSthe food and fiber industry accounts for ____-____% of the U.S. Gross Domestic
Product



postive economics - ANSWERSthe study of "what is" in economics



normative economics - ANSWERSThe part of economics involving value judgments about what the
economy should be like; focused on which economic goals and policies should be implemented; policy
economics.



Socialistic Economy - ANSWERSAn economic theory of social organization that advocates that the means
of production, distribution, and exchange should be owned or regulated by the community as a whole.
Centerally planned economy



capitalist economy - ANSWERSan economic system in which the market determines production,
distribution, and price decisions, and property is privately owned. Market economy

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

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!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

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.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Bensuda. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $7.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

62491 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$7.99
  • (0)
  Add to cart