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☆☆☆☆☆Cards in this guide (18)
Explain how the production of services differs from the production of manufacturing goods give two example
In the game of economics, which of the following players use goods and services?
Which of the following is another term for a free-market system
Capitalism
capitalism
Another name for free market system would be called second market. This is a non- profit market.
Because the choices of consumers influence producers and the choices of producers also influence consumers the free-market system has which of the following
A circular flow of influences
Technological advancement can come from improved devices or new
Technological advancement can come from improved devices or new METHOD
Which of the following is happening when the GDP is neither rising nor falling
Stagnation
Which of the following are useful for conducting market research
Focus groups Focus groups
What is the purpose of economic indicators
To judge the overall condition of a particular country's economy.
In the game of economics workers play a double role functioning as both consumers and
In the game of economics, workers play a double role, functioning as both consumers and producers
Consumers and producers
In economics All goods and services that exist must be made by
workers
Which of the following pairs of words best describes using cost benefit analysis maximizing and minimizing
Rational and subjective
What best explains how free choice is protected in a free market system
The governmentmakes & enforces whatever laws are needed to garuntee free choice.
What is one way technology can improve productivity
It can determine deceases faster and earlier
Which of the following lists some of the non monetary factors that are taken into account when the doing cost benefit analysis
time and effort
Which of the following is true of decisions made using cost-benefit analsis
the best decision results in the most benefits with the fewest costs
When technology advances which of the following will always take place
gggg
In economics businesses do all except which of the following
guide the economy
Which of the following would result in an increase in GDP apex
Greater levels of iinvestment
Which group of people was most directly affected by the Nineteenth Amendment
women
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