Branches of economics - Study guides, Class notes & Summaries

Human beings can be characterized by 3 elements, which are... - correct answer incentives (evaluative), maximization (imperfectly), resourcefulness What is often the most important incentive for people? - correct answer money What is dismal science? - correct answer The natural constraint of resources (all resources, such as water, electricity, roads, food) makes economics What...

Agile Safe 5.1 All Tests Done In June 2022 Combined with 100% Correct Answers And Elaborations What must management do for a successful Agile transformation? ANS:Commit to quality and be the change agent in the system How does SAFe provide a second operating system that enables Business Agility? ANS:By focusing on customers, products, innovation, and growth What is Business Agility? ANS:The ability to compete and thrive in the digital age by quickly responding to market changes and eme...

abolitionism the end of slavery Abraham Lincoln first Republican president; an abolitionist elected in 1860; his election triggered Southern secession. He led the country through the Civil War, but he was assassinated in 1865 before Reconstruction truly began. absolute location a location identifiable by specific geographic coordinates absolute monarchy unrestricted rule by a king or queen Adam Smith economic theorist who espoused capitalism Alonquin nort...

Political Science Latest Update Rated A Politics who gets what, when and how by Lassell;A non-violent way of determining who holds power and resources in society;A process which attempts to arrange society collectively into a social order social order arrange our collective lives in some kind of social order legitimate powers accepted as "right" government a system of organization for exercising authority over a body of people authority power that citizens view as legitimate or "right", ...

GED Social Studies Practice Questions s and balances - ANSWER the Constitutional mechanisms that authorize each branch of government to share powers with the other branches and thereby check their activities civil rights - ANSWER the protections and privileges of personal liberty given to all U.S. citizens by the Constitution and Bill of Righ communism - ANSWER a political and economic system in which factors of production are collectively owned and directed by the state confederate - A...

CSET Subtest 1 - History and Social Science (2023/2024) Already Passed aqueduct a man-made channel constructed to convey water from one location to another Bear Flag Revolt a brief attempt at the beginning of the Mexican-American War to establish an independent California republic Bushido the code of knights in feudal Japan, the equivalent of chivalry in Europe California's Mission System a "sacred expedition" in which twenty-one Spanish Catholic missions were established, spaced to be a s...

checks and balances the Constitutional mechanisms that authorize each branch of government to share powers with the other branches and thereby check their activities civil rights the protections and privileges of personal liberty given to all U.S. citizens by the Constitution and Bill of Righ communism a political and economic system in which factors of production are collectively owned and directed by the state confederate of, or pertaining to, a group of states more or less ...

BBE Quiz Questions and Answers 2024 Verified 100% According to Dave Morris's 'The Once and Future Carbohydrate Economy', "In 1820, Americans used two tons of [plant matter] for every one ton of [coal/oil]... But by 1975 Americans used ________ ton(s) of [coal/oil] for every one ton of [plant matter]." Eight Natural Resources Include Land Water Fossil Fuels Non-metallic minerals Metallic minerals Air The US is a net exporter of iron ore True According to the 2017 U.S. Energy In...

ECONOMICS 21-25 QUESTIONS AND ANSWERS 100% PASS The gross domestic product (GDP) shrunk by 2 percent over a 12-month period. What can you infer about the economy? The GDP indicates an economic contraction. To calculate _[blank]_, the quantity of final goods and services are multiplied by the price. Which best completes the sentence? gross domestic product What is included in the consumer price index (CPI)? a sampling of goods across industries What is the consumer price index (CPI)? a meas...

Primavera Economics Unit 5 Exam 2023 Graded A Which is a characteristic of the takeoff stage of Rostow's Five Stages of Economic Growth? WRONG - Advancements in technology require a skilled labor force competent in electronics, medicine, and engineering. What is the primary tool used to measure inflation? Consumer price index. What impact can government policies have on the business cycle? Policies that raise interest rates may cause an economic contraction. How do gross national product (G...