Branches of economics - Study guides, Class notes & Summaries

OSAT - U.S. History/Oklahoma History/Government/Economics (017) Latest Update Graded A+ What was the main purpose of the Declaration of Independence? To declare the American colonies' independence from British rule and outline the principles of individual rights. How did the Missouri Compromise address the issue of slavery? It established a line dividing free and slave states and admitted Missouri as a slave state and Maine as a free state. What were the key factors leadi...

Economics - Answer the study of how people make choices to use scarce resources, as they seek to satisfy their unlimited wants Microeconomics (EC 201) - Answer 1 of 2 Branches of Economics: concentrates on individual economic units - e.g. consumers, firms, and focuses on price as an allocative mechanism Macroeconomics (EC 202) - Answer 1 of 2 Branches of Economics: concentrates on the overall performance of the economy - e.g total national output (GDP), unemployment and inflatio...

Economic resources - ANS>also known as production, are the resources used to produce goods and services. Land, Labor, Capital are the income of resource owner Land - ANS>soil and natural resources that are found in nature and not man made. Owners of land receive a payment known as rent. Labor - ANS>physical and human effort exerted in production. Capital - ANS>man made resources used in the production of goods and services, which include machineries and equipment. Interest - ...

What is solid waste? Correct Answer-all wastes from human and animal activities that are normally solid or semi-solid and are discarded (includes municipal, industrial, and hazardous wastes) What is solid waste management? Correct Answer-- activities involved with the reduction of generation, collection, storage, transport, processing, and disposal of solid wastes - solid waste management concerns public health, economics, engineering, conservation, esthetics, and other environmental conside...

Name Clas Dat : s: e: CHAPTER 01—THE BUSINESS OF BANKING 1. A bank is a not-for-profit organization. a. b. True False False 1 BNKG.CFFT.3.LO: 1.1.1 - LO: 1.1.1 ANSWER: POINTS: LEARNING OBJECTIVES: 2. All federally chartered banks must be corporations. a. True ANSWER: POINTS: LEARNING OBJECTIVES: b. False True 1 BNKG.CFFT.3.LO: 1.1.1 - LO: 1.1.1 3. Commercial banks offer their services only to businesses. ANSWER: POINTS: LEARNING OBJECTIVES: 5. Issuing credit cards is ...

Questions about birthing Neanderthals are not a silly waste of time because - the technology is nearly ready, but the moral and ethical implications are only starting to be discussed What is valid reason why someone would birth a Neanderthal? - Because birthing a Neanderthal would generate instant notoriety and fame. The rat-brained robot is a cyborg. - True The idea that humans are a design space and, for example, are being wired up with robotic extensions, is important to discuss beca...

ECON-211 Exam #1 Economics - Definition: - ️ Social science concerned with using scarce resources to obtain the maximum satisfaction of the unlimited material wants of society. Three Features of Economics 1. ️ Scarcity and Choice 2. ️ Purposeful Behavior 3. ️ Marginal Benefits & Costs Definitions and Concepts - Scarcity: - ️ The conflict between relatively unlimited wants vs. relatively limited resources. - Impact of Scarcity: - ️ Restricts options and demands choices...

Questions about birthing Neanderthals are not a silly waste of time because - the technology is nearly ready, but the moral and ethical implications are only starting to be discussed What is valid reason why someone would birth a Neanderthal? - Because birthing a Neanderthal would generate instant notoreity and fame. The rat-brained robot is a cyborg. - True The idea that humans are a design space and, for example, are being wired up with robotic extensions, is important to discuss beca...

CSET Multiple Subjects - History and Social Science Vocabulary Aqueduct - answerA man-made channel constructed to convey water from one location to another Bear Flag Revolt - answerA brief attempt at the beginning of the Mexican-American War to establish an independent California republic Bushido - answerThe code of knights in feudal Japan, the equivalent of chivalry in Europe California's Mission System - answerA "sacred expedition" in which twenty-one Spanish Catholic missions were ...

NURS 420 Midterm Questions With Complete Solutions What are executive, legislative, and judicial branches of the federal government comprised of? - answerExecutive: President, cabinet Legislative: Congress Judicial: US supreme court What are executive, legislative, and judicial branches of the state government comprised of? - answerExecutive: Governor, cabinet Legislative: Legislature Judicial: State supreme court What are executive, legislative, and judicial branches of the local gove...