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Economics

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Francesca Feil

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Cards in this guide (16)
What type of school usually offers apprenticeships

Vocational Schools ;p

What type of goods are commonly used with other goods

Complementary

Complementary goods are commonly used with other goods
Which of these is not a reason why people often buy a cheaper product

to buy better quality

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 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

What is defined as buying a lower-priced product rather than a more expensive product

Substitution effect

Which of these forms should be adjusted to change tax withholdings

W-4

Which event might cause people to buy more of a product

A lowered price. A surplus might cause people to buy more of a product

Which of these can positive healthy choices early in life dramatically affect

Positive healthy choices early in life can dramatically affect LIFELONG FITNESS

Is the best description of universal life insurance

purchased for a set premium cost with the option of paying more.

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

Which of these usually increase when a person forms his or her own family unit

Potential For Earning And Spending

Does exercising daily help people who have diabetes, or does it have no effect on them

I think exercise has effect on everyone whether they have diabetes or not. It is good to exercise and eat less sugar. It is good to consume a healthy diet.

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