In the circular flow of goods and services which of these do households not receive
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Definition1/20
resources
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Term1/20
Which term applies to this definition
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Definition1/20
The total output of a group of individuals and the entire
economy will increase when each good is produced at the lowest
cost.
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Term1/20
What is a statement that most accurately describes the relationship between incomes and expenditures in the circular flow of economic activities
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Definition1/20
The flows of income and expenditures are about equal.
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Term1/20
To which person would this event be of concern A business because the old-growth forest was not cut down
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Definition1/20
economist
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Term1/20
When businesses buy goods from other businesses they are functioning in
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Definition1/20
a consumer role
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Term1/20
Which term applies to this situation failure to return a book to the library on time an paying a fine
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Definition1/20
Secondary Effect
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Term1/20
What statement would Adam smith most likely agree to
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Definition1/20
Government should follow a laissez-faire policy.
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Term1/20
What is current located at the Wold Trade Center site
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Definition1/20
Currently, there is a memorial located at the site where the
World Trade Center once was. There are also plans for a new World
Trade Center to be built at that site in the near future.
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Term1/20
What role do businesses that go tothe market play in the circular model
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Definition1/20
what role do businesses that go to the market play in the
circular flow model
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Term1/20
Which statement is true of the Selective Service
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Definition1/20
some citizens are required to register for it
some people are obligated to register for it, but there is no
military draft right now
it is a system that will be used if there is a military draft in
the future
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Term1/20
What is true of public service
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Definition1/20
it is civic responsibility but not a legal obligation
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Term1/20
How is a governor most likely to shape a state's public policy
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Definition1/20
by supporting and signing particular bills while vetoing
others
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Term1/20
If citizens stated these concerns which one could be solved by spending tax money
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Definition1/20
the roads in my state need to be repaired
the elderly in my state suffer poverty
i am worried about being protected from crime in my town
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Term1/20
What is true about obeying the law in the US
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Definition1/20
it is required of all citizens
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Term1/20
Which statement most likely comes from a voter who is informed
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Definition1/20
i know who is running for the senate in my state
i try to read a variety of news sources
i read the local newspaper every day to learn about important
issues
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Term1/20
Why should citizens be informed about current issues
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Definition1/20
doing so ensures that their political representatives will
address the issues important to voters
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Term1/20
The interest rate the fed charges for overnight loans is known as the
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Definition1/20
discount rate (apex)
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Term1/20
How does civic participation primarily influence the political process in the United States
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Definition1/20
It makes the political process more democratic by having citizens voice their concerns.
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Term1/20
What statement best describes the effects of the initiative the referendum and the recall
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Definition1/20
They allow citizens more influence over the laws and leaders of their state.
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Term1/20
Which statement from a newspaper article refers to the Consumer Price Index CPI
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Definition1/20
Which statement from a newspaper article refers to the consumer price index (CPI)?
C. The average cost of groceries has increased 10 percent since last year.
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Cards in this guide (20)
In the circular flow of goods and services which of these do households not receive
resources
Which term applies to this definition
The total output of a group of individuals and the entire
economy will increase when each good is produced at the lowest
cost.
What is a statement that most accurately describes the relationship between incomes and expenditures in the circular flow of economic activities
The flows of income and expenditures are about equal.
To which person would this event be of concern A business because the old-growth forest was not cut down
economist
When businesses buy goods from other businesses they are functioning in
a consumer role
Which term applies to this situation failure to return a book to the library on time an paying a fine
Secondary Effect
What statement would Adam smith most likely agree to
Government should follow a laissez-faire policy.
What is current located at the Wold Trade Center site
Currently, there is a memorial located at the site where the
World Trade Center once was. There are also plans for a new World
Trade Center to be built at that site in the near future.
What role do businesses that go tothe market play in the circular model
what role do businesses that go to the market play in the
circular flow model
Which statement is true of the Selective Service
some citizens are required to register for it
some people are obligated to register for it, but there is no
military draft right now
it is a system that will be used if there is a military draft in
the future
What is true of public service
it is civic responsibility but not a legal obligation
How is a governor most likely to shape a state's public policy
by supporting and signing particular bills while vetoing
others
If citizens stated these concerns which one could be solved by spending tax money
the roads in my state need to be repaired
the elderly in my state suffer poverty
i am worried about being protected from crime in my town
What is true about obeying the law in the US
it is required of all citizens
Which statement most likely comes from a voter who is informed
i know who is running for the senate in my state
i try to read a variety of news sources
i read the local newspaper every day to learn about important
issues
Why should citizens be informed about current issues
doing so ensures that their political representatives will
address the issues important to voters
The interest rate the fed charges for overnight loans is known as the
discount rate (apex)
How does civic participation primarily influence the political process in the United States
It makes the political process more democratic by having citizens voice their concerns.
What statement best describes the effects of the initiative the referendum and the recall
They allow citizens more influence over the laws and leaders of their state.
Which statement from a newspaper article refers to the Consumer Price Index CPI
Which statement from a newspaper article refers to the consumer price index (CPI)?
C. The average cost of groceries has increased 10 percent since last year.