Parts of economics
What is deflation And inflation?
When something goes up in value od down in value.
finish the word. RE AR
RESEARCH
Have a good att
attitude
redefine
failure
how should you talk to your group pro
professionally
What is supply and demand?
Supply is the amount of something that you or someone has. Demand is the amount of people who want it.
finish the word. C ATE
CREATE
Keep a up b at mood
up beat mood
have
curiosity
how should you treat your group with re
respect
What is macroeconomics?
It is the study of the economy as a whole.
finish the word. P N
PLAN
take a br ak if necessary
break
be account
accountable
should you talk to them in a off task way or a lets get down to business way
lets get down to business way
What is comparative advantage?
If an economic actor has the ability to produce a good or service at a lower opportunity cost than another actor.
finish those words. D 'T GI U
DON'T GIVE UP
Have resil nc
resilience
when work gets hard you have to fo
focus
should you takeover your group yes, or no
NO!!!!!!!!!!!!!!!!!!!!
What is economic growth and GDP?
Economic growth is necessary to satisfy peoples desire for an ever increasing standard of living.
finish those words. KE P A SM LE
KEEP A SMILE
get out of your com rt zo e
comfort zone
have a positive mental a
attitude
how should you let others share their ideas
you should be quiet and not interrupt their train of thought