1213 Grade 12 Economics Concept List Periodic T2 Wk11

Unit191

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Unformatted text preview: 1.5‐ 21.11 11. What is meant by expansionary monetary policy? Unit 18.3 12. Give an example of stimulative fiscal policy. Unit 18.3 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30. 31. 32. 33. 34. 35. 36. 37. What is meant by comparative and absolute advantage? Unit 19.1 Work out comparative and absolute advantage using both the normal method and Ricardo’s method. Unit 19.1‐19.2 Show using a graph the area of government revenue from imposing a tariff on imports. Unit 19.5 How does the “quantity imported” change due to a tariff being imposed. Unit 19.5 Calculate the current account balance, capital account balance and B.O.P balance from a table of information. Unit 20.1‐20.3 What affect would inflation have on an economy’s B.O...
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This document was uploaded on 02/27/2014.

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