Please enable JavaScript.
Coggle requires JavaScript to display documents.
Exam Project (Chapter 16 (Misery Index (it's an economic indicator,…
Exam Project
Chapter 16
-
-
-
-
Nafta
-
negotiated by governments of Canada, Mexico, and the United States
-
European Union
-
-
envisions establishment of common economic, foreign, security, and justice policies
Comparative Advantage
-
-
Produce things at a lower opportunity cost, not necessarily at a higher volume
Chapter 7
-
-
-
-
Price Discrimination
-
The same product could be sold for much more in a neighborhood where the producer knows the consumers are willing to pay more
-
Anti-trust Laws
-
The three main anti-trusts laws are the Sherman Act, the Clayton Act, and the Federal Trade Commission Act
-
Chapter 15
-
-
Monetary Policy
-
-
the goals are to promote maximum employment, stable prices, and moderate long-term interest rates
-
-
Big 3 Economists
-
Smith
Scottish economist, philosopher, etc
-
-
Marx
German scientist, philosopher, economist, etc
-
-