Final Exam; Show what you know!

FINAL EXAM ECONOMICS, 2010 (SHOW WHAT YOU KNOW ABOUT 32 topics)
What is the Fundamental Economic Problem?
Scarcity
Supply
Needs vs. Wants
Paradox of value
Demand
Market Economy, Traditional economy, Command economy
Economic equity
Full employment
Econ security
Gross Domestic Product and Econ growth
Utility
Wealth
The Role of Education in Income
Trade offs, Opportunity Cost
Traditional Economies, Command Economies Market Economies
Capitalism and Free Enterprise
Role of the Government in regulating economy
externalized costs,
Third world country
planned obsolescence,
perceived obsolescence
Goods
Labor-
Financial capital
Stock
S & P
NYSE
Entrepreneur
Sole Proprietorship
Corporation
Partnership
discrimination,
comparable worth
minimum wage
“Clutter”; breaking through the clutter
Obama’s Health care plan— advantages for people without coverage; poor people
THE PERSUADERS explore the idea that Americans are seek an identity buying a brand.
Advertising is more about emotional messages than information. Explain.
Are we being manipulated by THE PERSUADERS? What are their techniques