Explain how the production of services differs from the production of manufacturing goods give two example
🔄 Click to see definition
Definition1/18
In the game of economics, which of the following players use
goods and services?
🔄 Click to see term
Term1/18
Which of the following is another term for a free-market system
🔄 Click to see definition
Definition1/18
Capitalism capitalism Another name for free market system would be called second market. This is a non- profit market.
🔄 Click to see term
Term1/18
Because the choices of consumers influence producers and the choices of producers also influence consumers the free-market system has which of the following
🔄 Click to see definition
Definition1/18
A circular flow of influences
🔄 Click to see term
Term1/18
Technological advancement can come from improved devices or new
🔄 Click to see definition
Definition1/18
Technological advancement can come from improved devices or new
METHOD
🔄 Click to see term
Term1/18
Which of the following is happening when the GDP is neither rising nor falling
🔄 Click to see definition
Definition1/18
Stagnation
🔄 Click to see term
Term1/18
Which of the following are useful for conducting market research
🔄 Click to see definition
Definition1/18
Focus groups Focus groups
🔄 Click to see term
Term1/18
What is the purpose of economic indicators
🔄 Click to see definition
Definition1/18
To judge the overall condition of a particular country's
economy.
🔄 Click to see term
Term1/18
In the game of economics workers play a double role functioning as both consumers and
🔄 Click to see definition
Definition1/18
In the game of economics, workers play a double role, functioning as both consumers and producers Consumers and producers
🔄 Click to see term
Term1/18
In economics All goods and services that exist must be made by
🔄 Click to see definition
Definition1/18
workers
🔄 Click to see term
Term1/18
Which of the following pairs of words best describes using cost benefit analysis maximizing and minimizing
🔄 Click to see definition
Definition1/18
Rational and subjective
🔄 Click to see term
Term1/18
What best explains how free choice is protected in a free market system
🔄 Click to see definition
Definition1/18
The governmentmakes & enforces whatever laws are needed to
garuntee free choice.
🔄 Click to see term
Term1/18
What is one way technology can improve productivity
🔄 Click to see definition
Definition1/18
It can determine deceases faster and earlier
🔄 Click to see term
Term1/18
Which of the following lists some of the non monetary factors that are taken into account when the doing cost benefit analysis
🔄 Click to see definition
Definition1/18
time and effort
🔄 Click to see term
Term1/18
Which of the following is true of decisions made using cost-benefit analsis
🔄 Click to see definition
Definition1/18
the best decision results in the most benefits with the fewest
costs
🔄 Click to see term
Term1/18
When technology advances which of the following will always take place
🔄 Click to see definition
Definition1/18
gggg
🔄 Click to see term
Term1/18
In economics businesses do all except which of the following
🔄 Click to see definition
Definition1/18
guide the economy
🔄 Click to see term
Term1/18
Which of the following would result in an increase in GDP apex
🔄 Click to see definition
Definition1/18
Greater levels of iinvestment
🔄 Click to see term
Term1/18
Which group of people was most directly affected by the Nineteenth Amendment
🔄 Click to see definition
Definition1/18
women
🔄 Click to see term
🥳
Great job!
You studied all the cards in this guide.
Rate this guide:
☆★☆★☆★☆★☆★
Start overPrint
Full screen
Rate this Study Guide:
☆★☆★☆★☆★☆★
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
Because the choices of consumers influence producers and the choices of producers also influence consumers the free-market system has which of the following
What best describes the incentive for producers to conduct market research
Which of the following are useful for conducting market research
Which of the following best explains why the circular flow model characterizes the free-market system