Cards in this guide (22)
What are aspects of intellectual property
Copyright, patents, rights in music, and performance rights are
all aspects of intellectual property
Which president formally changed the US dollar to a fiat currency
This occurred when Lyndon Johnson was president. John Kennedy
took preliminary steps.
What do the engineers who design the capital goods such as machinery contribute to the production process
When a country brings in goods that were made in another country what is it doing
What is considered the passive factor in production
Which type of tax is imposed on those who inherit assets from a deceased person
Which of these describes how real GDP is calculated
based on previous year pricing with adjustments made to
accommodate for inflation.
Which term refers to the cost a firm incurs for capital goods
What is the purpose of the Health Insurance Portability and Accountability Act
Set standards for privacy and how patient information can be
used.
Which of these is not a benefit of using an assembly line to produce goods
it allows workers to only learn one task A+
What does acquired 100 shares mean
Generally speaking the phrase of "acquired 100 shares" means
that a person has purchased 100 shares of a corporation's
stock.
In the circular flow model households supply firms with which items
Labor, capitital, and raw materials.
What of these will happen if a country imports less than it exports
Net exports will be positive and will add to the calculation of GDP.
Once a firm knows what it should produce what must it then decide
how it will produce the goods or services
Shortages or spikes in which of the following can have a potential impact on a global economy
Thorstein Veblen is most known for writing which of these books
The theory of the leisure class A+
What of the following is true of private corporations
they are not owned by the general public A+
What is Considered one of the primary factors of production plus
Which of these is a correct match
We can't answer the question because we don't have the
matches.
Which statement is true
Nixon resigned before he could be impeached. -Apex
Which form of exchange is used in simple societies and does not involve money
Which of these methods calculates the final production of U.S. citizens and firms, including those that are located in foreign countries
