GOVT 200 Economics
It expresses the image of God who "worked" in creation
It is a means of "dominion' over God's natrual resources
It is the only legitamite means of getting out of poverty
All of the above
Protestant Christian, because of the Reformation ideas of calling and work
The right, goodness, or justice of economic arrangements or systems
Offered at a given price meets the amount demanded at the same price
Work alienation
Work alienation
Offered at a given price meets the amount demanded at the same price
The right, goodness, or justice of economic arrangements or systems
Protestant Christian, because of the Reformation ideas of calling and work
Protestant Christian, because of the Reformation ideas of calling and work
Bad teachers
Work alienation
The Federal Reserve Bank
Protestant Christian, because of the Reformation ideas of calling and work
Offered at a given price meets the amount demanded at the same price
Work alienation
The right, goodness, or justice of economic arrangements or systems
The right, goodness, or justice of economic arrangements or systems
Work alienation
Offered at a given price meets the amount demanded at the same price
Reached freely between two parties without deceit is just
Reached freely between two parties without deceit is just
Recognizing new opportunities and acting on themoffered
Offered at a given price meets the amount demanded at the same price
The right, goodness, or justice of economic arrangements or systems
Based on teh idea that every legitamite task is a calling from God
Offer labor in return for pay
Matthew 20:1-16
All of the above
Not communistic, because sharing was voluntary, without coercion
Walth of nations
Both a and b
All of the above
Increase in price = decrease in consumption
Significant cause of greater unemployment
Least-skilled works affected the most, racial discrimination made easier
Both a and c
Leads to workers with poorer overal skills and a lack of enthusiasm for their work
Work alienation
Both a and b
All of the above
Total amount of goods that sellers can and will offer at a given price
High value in relation to volume and weight; medium of exchange or store value
How we make choices
Desire plus willingness and ability to pay
Too little of something to meet everyone's demands at no cost without somebody producing more
High value in relation to volume and weight; medium of exchange or store value
How we make choices
Desire plus willingness and ability to pay
How we make choices
High value in relation to volume and weight; medium of exchange or store value
Total amount of goods offered for sale at a given price
Desire plus willingness and ability to pay
Wealth of Nations
Risk taking
Supply and Demand
Mercantilisim is not Capitalism
How to be a good steward of your money.
Landowners (employers) can be as generous with their own money as they want to be
All of the above
Regulatory laws
Entry/access controls
The democracy sucks
Or the constitutional republic rules
Bugers
Jurk off
Both a and b
All of the above
Divisibility and scarcity
Portability
Durability and recognition
All of the above
Free workers to focus on task that are best at, learning faster ways to perform tasks
Overall quality of the product will increasingly bring welfare gains to the customer
Becomes possible to influence how production takes place
All of the above
Each person does little jobs that contribute to finished products
A method that breaks down the production of a commodity into a series of specific tasks
Overall waste time is reduced
Each performed by a different worker