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UNIVERSITY OF ARIZONA STUDY GUIDE ECONOMICS SUPPLY & DEMAND ALL UNITS 1-7 100% COMPLETE VERIFIED ANSWERS
Study guide • 26
pages
• 2020
UNIVERSITY OF ARIZONA STUDY GUIDE 2020
ECON SUPPLY & DEMAND
FOR UNIT 1,2,3,4,5,6 &7

UNIT 1 
 
Capital: 

Consequence: A result or effect of an action or decision; may be positive or negative. 

Cost: What is given up a result of a decision 

Economics: The study of how people seek to satisfy their needs and wants by making choices. 

Economize: Choose the alternative that offers the greatest benefit for the least cost. 

Entrepreneur: One who takes the risk of opening a business with the aim of...
UNIVERSITY OF ARIZONA STUDY GUIDE ECONOMICS SUPPLY & DEMAND ALL UNITS 1-7 100% COMPLETE VERIFIED ANSWERS
Last document update:
ago
UNIVERSITY OF ARIZONA STUDY GUIDE 2020
ECON SUPPLY & DEMAND
FOR UNIT 1,2,3,4,5,6 &7

UNIT 1 
 
Capital: 

Consequence: A result or effect of an action or decision; may be positive or negative. 

Cost: What is given up a result of a decision 

Economics: The study of how people seek to satisfy their needs and wants by making choices. 

Economize: Choose the alternative that offers the greatest benefit for the least cost. 

Entrepreneur: One who takes the risk of opening a business with the aim of...
UNIVERSITY OF ARIZONA STUDY GUIDE 2020 ECON SUPPLY & DEMAND FOR UNIT 5 & UNIT 6 100% COMPLETE VERIFIED ANSWERS
Study guide • 9
pages
• 2020
UNIVERSITY OF ARIZONA STUDY GUIDE 2020
ECON SUPPLY & DEMAND
FOR UNIT 5 & UNIT 6

UNIT 5
 
The unemployment rate is the percentage of the 

 
The most important monetary tool of the Fed is 
 
 
Another term for the poverty threshold is 

 
The U.S. national debt is 
 
 
If I have lost my job because there is a recession, then I am 
 
 
The term relative poverty is 
 
 
Charging higher interest on loans than they pay on depositors' accounts is 

 
The economist believed that a capitalist market e...
UNIVERSITY OF ARIZONA STUDY GUIDE 2020 ECON SUPPLY & DEMAND FOR UNIT 5 & UNIT 6 100% COMPLETE VERIFIED ANSWERS
Last document update:
ago
UNIVERSITY OF ARIZONA STUDY GUIDE 2020
ECON SUPPLY & DEMAND
FOR UNIT 5 & UNIT 6

UNIT 5
 
The unemployment rate is the percentage of the 

 
The most important monetary tool of the Fed is 
 
 
Another term for the poverty threshold is 

 
The U.S. national debt is 
 
 
If I have lost my job because there is a recession, then I am 
 
 
The term relative poverty is 
 
 
Charging higher interest on loans than they pay on depositors' accounts is 

 
The economist believed that a capitalist market e...
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