Economics Review Questions by Jordan Simmons https://padlet.com/jsimmons26/9fxfhjm4vmwu Made with a bold sensibility en-us 2017-12-11 14:46:48 UTC 2017-12-11 16:51:47 UTC hello@padlet.com Nathaniel and Quincy Final Exam Review https://padlet.com/jsimmons26/9fxfhjm4vmwu/wish/215047500 1) What is market equilibrium point? 
2) What is a surplus?
3) What is a scarcity?
4) What is economics?
5) What is supply?
6) What is demand?
7) Economics is the flow of ___________?
8) When does a business make a profit?
9) What is government economy?
10) What economy deals with suppliers producing whatever goods and services they wish and setting prices based on what consumers are willing to pay?

]]> 2017-12-11 15:08:16 UTC https://padlet.com/jsimmons26/9fxfhjm4vmwu/wish/215047500 Emily conte and Maggie holder https://padlet.com/jsimmons26/9fxfhjm4vmwu/wish/215106495
  • Define Supply. 
  • Define Demand
  • What is the difference between a market economy and a command economy 
  • What is the foreign exchange rate
  • Define economics 
  • When does a business make a profit 
  • Economics is the flow of ______ and _______
  • What is scarcity? 
  • What is surplus?  
  • What is market equilibrium point? 

    • ]]>     2017-12-11 16:51:23 UTC https://padlet.com/jsimmons26/9fxfhjm4vmwu/wish/215106495