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Introduction To Economics

Froggy Jumps

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Introduction To Economics
 

Froggy Jumps

Introduction To EconomicsOnline version

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by Melor Masdoki
1

1. Fundamental economic problem?

2

2. Value of the next best alternative?

3

3. Natural resources are known as:

4

4. Man-made tools and machinery?

5

5. PPC straight line indicates:

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6. PPC bowed outward indicates:

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7. Point inside the PPC?

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8. Point outside the PPC?

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9. Study of individual markets?

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10. Study of the whole economy?

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11. "What ought to be" statement?

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12. "What is" factual statement?

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13. Ceteris Paribus means:

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14. Reward for Land?

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15. Reward for Labor?

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16. Reward for Capital?

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17. Reward for Entrepreneurship?

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18. Utility refers to:

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19. Marginal utility usually:

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20. Economic growth on PPC is:

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21. Reallocation of resources is:

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22. Example of Capital?

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23. Example of Land?

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24. Human Capital refers to:

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25. Basic economic questions?

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26. Adam Smith's concept?

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27. Resource allocation in Market?

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28. Sustainability involves:

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29. Opportunity cost of college?

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30. Disadvantage of Command?

31

31. Public goods are usually:

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32. Scarcity applies to:

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