EC0N0M1CS Word Scramble
|
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Question | Answer |
circular-flow diagram | a visual model of the economy that shows how dollars flow through markets among households and firms |
macroeconomics | the study of economy-wide phenomena, including inflation, unemployment, and economic growth |
microeconomics | the study of how households and firms make decisions and how they interact in markets |
normative statements | claims that attempt to prescribe how the world should be |
positive statements | claims that attempt to describe the world as it is |
production possibilities frontier | production possibilities frontier |
Created by:
@ng3l
Popular Miscellaneous sets