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Economics

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Dereck Kozey

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2y ago
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Cards in this guide (21)
What type of school usually offers apprenticeships

Vocational Schools ;p

What would be a good product to export to Mexico

Any capital good, such as steel mill products, agricultural machinery, electrical equipment, repair parts for motor vehicles and aircraft parts.

Why is it important for a high school graduate to have an education plan for the future very soon after graduation

The longer a person waits to pursue an education, the less likely he or she is to achieve it.

Which of these is not a reason why people often buy a cheaper product

to buy better quality

What is usually true of business schools

They are accredited by state higher education boards.

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

How can a trade deficit affect teenagers

jobs for teens may become scarce.

What type of course would a university require in addition to coursework for a specific field

A variety of general curriculum

Which technology tool allows people to download a television show to watch at a later time

portable media player

Which of these terms is also defined as unrestricted trade

free trade

What is not affected by an increase in earnings

commute time

Which nations were the worlds leading exporting nations during the mid 1990s

United States, Germany, Japan, France, and United Kingdom

What indicates the exchange of goods and services between countries

International trade is the exchange of goods and services between countries. Other terms that indicate this are foreign trade and world trade.

Which term is defined as the dollar amount earned in a worker's paycheck

nominal wages

Which of these is not one of the basic economic questions where should products be produced for whom should products be produced how should products be produced what products should be produced

Where should products be produced

Which of these is the best description of term insurance. purchased for a set premium cost with the option of paying in more

purchased for a certain time period with a specific premium cost

Is salary an example of earned income

Yes.

Do consumers sell goods in the market

no

What should be one of the last options on your list for financial aid

Student loans should be one of the last options on your list for financial aid.

What was one of the causes of the growing US trade deficit

the rise in the cost of imported oil

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

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