ECON 102 Flashcards
Flashcard sets for ECON 102 shared by students. Study them here or add them to Studyboard.
3 flashcard sets
- ECON 10229 terms ECON 102 Exam Review: Supply and Demand, Elasticity, Costs and Market StructuresOpportunity cost · Comparative vs absolute advantage · What does a production possibilities frontier show? ·…
- ECON 10229 terms ECON 102 Exam Review: GDP, Inflation, Unemployment, AD-AS and Fiscal and Monetary PolicyGDP definition · Expenditure approach to GDP · Do transfer payments count in G? · Nominal vs real GDP
- ECON 10230 terms ECON 102 Midterm Review: Supply and Demand, Elasticity, Costs and Market StructuresWhat is opportunity cost? · Absolute vs comparative advantage · What does a point inside the production…
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