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Economics

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Ella McKenzie

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2y ago
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Cards in this guide (16)
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.

Which of these conditions can be caused by a trade deficit

business may have to downsize

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

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.

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

What is not affected by an increase in earnings

commute time

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.

Which subjects studies the choices people make in an effort to satisfy their wants and needs

Economics.

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 is not a service of a public library

free bike rentals

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

Do consumers sell goods in the market

no

Which of these is not a resource furniture time money river

Furniture (A+)

What describes the american economic system

Mixed-market. A+

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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