Cards in this guide (20)
What allows only a certain quantity of an item to be imported
Which of these is not considered by economists to be a need A shoes B a hamburger C a cabin D a vacuum cleaner
A vacuum cleaner is not considered to be a need.
What type of tax is usually paid to the county treasurer
Which of these would be part of macroeconomics
the desciion of the US congress to lower the federal income tax
rate
Which of these involve the study of consumer purchases by senior citizens
Which of these involve the study of consumer purchases by senior citizens?
microeconomics
wants
macroeconomics
resource
What is the best description of microeconomics
The study of the economic behavior and decisions of individuals and businesses
the study of the economic behavior and decisions of individuals and businesses
Which of these statements is most complete with regard to the role of the producer in an economy
Producers consume both goods and services.
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.
The city charges a homeowner a fee to pick up the garbage each week Which of these was provided by this transaction
A service is provided by the transaction.
Which of these can positive healthy choices early in life dramatically affect
Positive healthy choices early in life can dramatically affect
LIFELONG FITNESS
Which subjects studies the choices people make in an effort to satisfy their wants and needs
What is used to reconcile a bank statement
Ending Balance: $676.23
Outstanding Deposits: $356.71
Outstanding Checks: $321.15
711.79
Which of these is not a resource furniture time money river
Which term refers to the total amount of money earned during a year
Which is not usually required by the lender when you apply for a home mortgage
What type of researcher studies the relationships between the supply of things we want to buy and the prices we have to pay
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
What following accounts are only offered by employers to their employees
The population of the United states represents approximately how much of the total world population
Which of these items is not considered by economists to be a needa mealsheltera coata book
Which of these items is not considered by economists to be a need?
a meal
shelter
a coat
a book
