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Economics

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Winfield Wuckert

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Term1/24
In economic terms what does market mean
Definition1/24

the coming together of a buyer and seller

Term1/24
Management creates capital in what form
Definition1/24

profits

Term1/24
What type of tax is placed on the value of inherited property
Definition1/24

inheritance

Term1/24
What is the simplest way to create capital
Definition1/24

the public and private sectors save more
erm.. if you mean to create capital letters on a keyboard, the simplest way (that i think) it to press shift. shift is the one with a pointing up arrow? :S :S :S

Term1/24
What is the subject on which a tax is levied
Definition1/24

tax base

Term1/24
What type of tax is a sales tax
Definition1/24

The sales tax is an indirect tax, because it is collected by the seller and then paid to the government.

(The labeling of the sales tax as "regressive" means that it is seen to unfairly impact the lowest economic groups through their purchase of necessities. Many states and cities exempt food and/or prescription drugs from some sales taxes.)

Term1/24
The government creates income from which of these
Definition1/24

taxes

Term1/24
What is a tax paid on owned real estate
Definition1/24

ad valorem tax

Term1/24
What type of tax is imposed on all real and personal property of a deceased person
Definition1/24

estate (A+)

Term1/24
When an item becomes scarce how is the cost affected
Definition1/24

the price goes up

Term1/24
Money earned from which of these is represented as salaries
Definition1/24

Labor

Term1/24
Which of these produces money in the form of rent
Definition1/24

land

Term1/24
Which of these is not a way to conserve energy on a daily basis
Definition1/24

leaving your air conditioner on during the day

Term1/24
Which of these is not an example of natural resources
Definition1/24

which of these natural resources is not being renewed

Term1/24
What type of resource is not an economic factor of production
Definition1/24

Money, political resources, and infrastructure are not considered economic factors of production.

Money is considered to be a factor used in trade, mostly. Money is used to trade or sell or buy something and for production to move as well. It can be a huge factor that contribute to production but it mostly envelopes the trade industry.

Term1/24
Which of these commuting options does not help reduce pollution
Definition1/24

driving 20 mph above the speed limit...

Term1/24
A certain producers business is to collect sterilize add seltzer and redbottle water after doing this how can the water be classified
Definition1/24

economic question

Term1/24
Is an organization that produces and distributes a good or service for profit called a business yes or no
Definition1/24

Yes

Term1/24
Which of these is sometimes included as a fourth factor of production
Definition1/24

intellectual capital

Term1/24
Where can you find easy simple ways to reduce your carbon footprint and save money
Definition1/24

Environmental Protection Agency (EPA) website

Term1/24
What is considered the passive factor in production
Definition1/24

land

Term1/24
Which term refers to the cost a firm incurs for labor
Definition1/24

Wages A+

Term1/24
Which is classified as working capital
Definition1/24

stocks of finished goods

Term1/24
Which of these would not be considered intellectual capital
Definition1/24

cultural values

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Cards in this guide (24)
In economic terms what does market mean

the coming together of a buyer and seller

Management creates capital in what form

profits

What type of tax is placed on the value of inherited property

inheritance

What is the simplest way to create capital

the public and private sectors save more
erm.. if you mean to create capital letters on a keyboard, the simplest way (that i think) it to press shift. shift is the one with a pointing up arrow? :S :S :S

What is the subject on which a tax is levied

tax base

What type of tax is a sales tax

The sales tax is an indirect tax, because it is collected by the seller and then paid to the government.

(The labeling of the sales tax as "regressive" means that it is seen to unfairly impact the lowest economic groups through their purchase of necessities. Many states and cities exempt food and/or prescription drugs from some sales taxes.)

The government creates income from which of these

taxes

What is a tax paid on owned real estate

ad valorem tax

What type of tax is imposed on all real and personal property of a deceased person

estate (A+)

When an item becomes scarce how is the cost affected

the price goes up

Money earned from which of these is represented as salaries

Labor

Which of these produces money in the form of rent

land

Which of these is not a way to conserve energy on a daily basis

leaving your air conditioner on during the day

Which of these is not an example of natural resources

which of these natural resources is not being renewed

What type of resource is not an economic factor of production

Money, political resources, and infrastructure are not considered economic factors of production.

Money is considered to be a factor used in trade, mostly. Money is used to trade or sell or buy something and for production to move as well. It can be a huge factor that contribute to production but it mostly envelopes the trade industry.

Which of these commuting options does not help reduce pollution

driving 20 mph above the speed limit...

A certain producers business is to collect sterilize add seltzer and redbottle water after doing this how can the water be classified

economic question

Is an organization that produces and distributes a good or service for profit called a business yes or no

Yes

Which of these is sometimes included as a fourth factor of production

intellectual capital

Where can you find easy simple ways to reduce your carbon footprint and save money

Environmental Protection Agency (EPA) website

What is considered the passive factor in production

land

Which term refers to the cost a firm incurs for labor

Wages A+

Which is classified as working capital

stocks of finished goods

Which of these would not be considered intellectual capital

cultural values

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