- Which theory of economics was developed by John Baptiste Say? Row Question

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- In the theory from Say, how does the market recover from recession? Row Question

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- Which economic theory is based on a constant rate of spending in the economy? Row Question

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- What is the government’s attempt to stabilize the economy through taxing and spending? Row Question

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- What type of policy must someone choose to implement to target a specific area of the country in its taxing and spending? Row Question

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- What theory is considered the best way to fight unemployment and inflation together? Row Question

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-What theory says that countries should specialize in the items they have the greatest relative efficiency for and import other items? Row Question

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Row Question - What theory says that countries should specialize in the product they are best at making (or another cannot make) and trade their surplus?

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Row Question - What type of tariff is meant to reduce or eliminate a product from a country?

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- What type of tariff is meant to keep American countries from failure? Row Question

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- What type of tariff is intended to raise money for the government? Row Question

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- What type of balance of trade do we have if we import more than we export? Row Question

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- What type of balance of trade do we have if we export more than we import? Row Question

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- What do we call the value of one country’s currency in relation to another country’s currency? Row Question

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- What do we call a business with a headquarters in one country and does business in one or many others? Row Question

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- What type of money has value because the government says it does? Row Question

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- What do we call the amount of money available to be spent in an economy? Row Question

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- What do we call banking policies to increase the trend of the economy? Row Question

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- What do we call actions by the Fed to achieve full employment, stable prices, and economic growth? Row Question

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- What do we call a decrease in prices due to an increase in the value of money? Row Question

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- What happens to the price if there is no change to the money supply and an increase in production? Row Question

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What happens to the price if the money supply increase and production increases at the same rate? Row Question

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- What happens to the price if there is a decrease in the money supply and no change to production? Row Question

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-What do we call banking policies that reverse the trend of the economy? Row Question

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- What do we call the belief that taxes should be paid by people who used the service supported by the tax? Row Question

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