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Economics

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Prudence Stiedemann

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Cards in this guide (15)
What allows only a certain quantity of an item to be imported

import quotas

Which organization was founded in 1995 to promote trade between nations

world trade organization

Which nations were the world's leading exporting nations during the mid-1990s

U.S., Germany, Japan, France, and U.K.

Which term is defined as goods bought from other countries

imports

Why is trade easier and more extensive today

Improved Transportation ;p

Which term is defined as the lack of satisfaction a person receives from using a product repeatedly

Diminished Marginal Utility is the lack of satisfaction a person receives from using a product repeatedly.

Becoming financially independent will help you with which of these positive personal qualities

confidence and self-esteem

What is not affected by an increase in earnings

commute time

Nations use many methods to restrict trade but the two most important methods are tariffs on imports and non tariff barriers

true

Which of these forms should be adjusted to change tax withholdings

W-4

Description of the Gross World Product

The gross World Product is the combined Gross National Product of all the countries in the world. It is also equal to the Gross Domestic Product.

Does health insurance cover dental implants

Regular health insurance does not typically cover dental implants. One would need to obtain a separate dental insurance for any dentistry related work.

Which of these is an financial factor in family planning

tax credits

What type of researcher studies the relationships between the supply of things we want to buy and the prices we have to pay

Economists

Which of these is the best description of the Gross Domestic Product

the value of all final goods and services produced within a nation in a given year plus income earned by its citizens abroad, minus income earned by foreigners from domestic production

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