Monday, February 21, 2011. Thursday, February 10, 2011. Taxes are money being placed on goods, services and income by the government. Indirect tax a sort of tax being placed on goods and services by the government. In order to reduce or increase on the price. If you want to reduce the high price for a certain good. You put taxes on the firm for each good it produces. Wednesday, February 24, 2010. Wednesday, February 3, 2010. This is when workers move from one .

Thursday, February 24, 2011. Thursday, December 16, 2010. Currency and Exchange Rates Functions of money Banks.

Wednesday, February 10, 2010. What is market failure? Market failure is when the allocation of resources in a market is inefficient. One firm owns all or the majority of the mar. An economic transaction affects other parties that are not directly involved in the transaction. For example, when a factory produces toys, they produce a certain amount of waste for every 10 toys. The waste gas from the factory has been emitted.

Wednesday, February 24, 2010. Macro economic policy mind map. Wednesday, February 3, 2010. Monetary Policy is the policy which allows the government, central bank,or a monetary authority to control the supply of money, the availability of money, the value of money, and interest rates in order to attain objectives such as achieving the stability of the economy. Contractionary policy is aiming at incr.

Monday, February 21, 2011. Wednesday, February 24, 2010. Wednesday, February 3, 2010. Yo name is Joe I hail from the ghetto. Imma talk about protectionism and free trade. 8211; barriers to international trade to protect local production. Are basically tax on imports. 5 Improve Balance of P.

Business Organizations Business Costs Economies of Scale. Monday, February 21, 2011.

Monday, February 21, 2011. Consumers- Create demand for a product of service. Demand- The amount consumers will like to buy. It is not what they do buy but WANT. Effective Demand- The amount consumer are willing and able to buy. Market Demand- A table showing the different quantities of a good that consumers are willing and able to buy at various prices over a given period of time. Just remember LEFT IS BAD, RIGHT IS GOOD.

GDP Economic Indicators Balance of Payments. Thursday, February 10, 2011. An economic indicator is a statistic about the economy. These indicators allow us to analyze the performance of the current economy as well as make predictions about the future. Monday, February 8, 2010. When a country has a.

Currency and Exchange Rates Functions of money Banks. Thursday, February 10, 2011. The central bank is the center of the banking system, it control the banking system, and act as banker to commercial banks and the government. The information is summed up in the mind map above. Money is a medium of exchange that can also serve as a store of value, a unit of account, and the standard of deferred payment. Wednesday, February 24, 2010. Wednesday, February 10, 2010. When there is a floa.