What is a situation in which prices are relatively stable & the quantity of goods or services supplied is equal to the quantity demanded.

What is prices in a market economy are flexible.
Hint: is a Advantage

Who is one of the founders of macroeconomics and became one of the leading economists asserting that government should attempt to correct the expansion and retraction of the business cycle.

What is Ms. Giles favorite color?

What is a situation in which the quantity supplied is greater than the quantity demanded at a given price.

What is four factors of production

Who is known for his economic theory described in his book "An Inquiry into the nature and causes of the wealth of nations." book was about the industrial revolution and became the basis of capitalism.

What team won the super bowl with an undefeated season?

What is a partial refund of the original price of the product.

What is a system under which an agency such as the government decides everyone's "fair" share.

Who is born in New York in 1912. He was a Nobel prize winning economist, a recipient of the 1988 presidential medal of freedom and the National medal of science.

Who is the name of SpongeBobs cousin that got out jail?

What is a ticket or a receipt that entitles the holder to obtain a certain amount of a product.

What is prices in a _______ ______ economy are neutral because they favor neither the producer nor the consumer

Who is an Austrian born in 1899. He defended the free market capitalism while equally criticizing any socialist tendencies or actions by government.

Who is rank #1 in the profession of tennis?

What is a change in demand like a change in supply, can also affect the price of a good or service.

What is the three basic questions of economics?

Bonus Question! I am considered an important figure in post World War II. I am the winner of Nobel Memorial prize in 1972. Many of my student have gone on to win Nobel prizes themselves.
Kenneth Arrow or Roger E. Backhouse?

What does Ms. Giles drive to school?