Welcome students to the multiple-week discussion board. For this post, I am giving you more than a week to answer these questions. These questions are here to guide you and help you focus your studying to areas where you will need to have a good grasp of the content. If you are able to answer these questions and have a good grasp of the material from it, you will do well on your final.
What is an entrepreneur?
What would an economist conder be land?
What does Human capital include?
What would cause a production possibilities curve to move down and to the left?
What can cause a production possibilities curve to move to the right?
What is the motivating force behind the free market?
What type of safety nets are used by the government to help citizens?
Why do markets exist?
What is the black market?
What is rent control?
What is a monopoly?
What brought about labor unions?
Why would the United States want to establish a stable banking system?
What is the difference between a recession and a depression?
What is the Federal Reserve?
What is interest rates suppose to do?
What does elasticity mean to economics?
Why does the government protect inventors and authors by offering them patents and copyrights?