bruh
0.0(0)
Studied by 0 people
Call Kai
Learn
Practice Test
Spaced Repetition
Match
Flashcards
Knowt PlayCard Sorting
1/6
There's no tags or description
Looks like no tags are added yet.
Last updated 8:08 PM on 10/22/25
Name | Mastery | Learn | Test | Matching | Spaced | Call with Kai |
|---|
No analytics yet
Send a link to your students to track their progress
7 Terms
1
New cards
What is autarky?
A country that does not trade with others.
2
New cards
What determines comparative advantage?
Lower opportunity cost.
3
New cards
What happens when countries specialize and trade?
Both can consume beyond their PPF.
4
New cards
Which PPF shape indicates advantage in x-axis good?
Flatter PPF.
5
New cards
Which PPF shape indicates advantage in y-axis good?
Steeper PPF.
6
New cards
What is expansionary monetary policy?
Lower interest rates to encourage borrowing and spending.
7
New cards
What is contractionary monetary policy?
Raise interest rates to discourage borrowing and spending.
Note 
Flashcards (31)