answersLogoWhite

0

Economics

User Avatar

Lou Altenwerth

Lvl 10
3y ago
No Reviews
Leave the first rating

Rate this Study Guide:

Cards in this guide (6)
What type of goods are commonly used with other goods

Complementary

Complementary goods are commonly used with other goods
What term indicates the exchange of goods and services within a single country

The exchange of goods and services within a single country is called domestic trade.

Which definitions does not describe economics

"Economics is the study of how people relate to each other" is a statement that does not define economics.

Which of these refers to the amount of goods offered for sale

Supply

How can a trade deficit affect teenagers

jobs for teens may become scarce.

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

Related study guides