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Economics

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Christophe Greenfeld...

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Cards in this guide (21)
Which of these is not considered by economists to be a need A shoes B a hamburger C a cabin D a vacuum cleaner

A vacuum cleaner is not considered to be a need.

What type of tax is usually paid to the county treasurer

property

A car that was produced in Germany and sold in America would be part of which gross product

gross national product

Which of these is the best description of personal finance

the money a person earns or is given over the course of a lifetime

Which of these would be part of macroeconomics

the desciion of the US congress to lower the federal income tax rate

You like a particular product and recommend it to a friend This is an example of which of the following

affecting the economy

What is the best description of microeconomics

The study of the economic behavior and decisions of individuals and businesses
the study of the economic behavior and decisions of individuals and businesses

Which of these statements is most complete with regard to the role of the producer in an economy

Producers consume both goods and services.

Description of the Gross World Product

The gross World Product is the combined Gross National Product of all the countries in the world. It is also equal to the Gross Domestic Product.

The city charges a homeowner a fee to pick up the garbage each week Which of these was provided by this transaction

A service is provided by the transaction.

Which subjects studies the choices people make in an effort to satisfy their wants and needs

Economics.

What is used to reconcile a bank statement

Ending Balance: $676.23

Outstanding Deposits: $356.71

Outstanding Checks: $321.15

711.79

Which of these is not a resource furniture time money river

Furniture (A+)

What cloud that is somewhat flat and layered is called

stratus

Which of these does not fall under the marketplace umbrella

taxation

Which is not usually required by the lender when you apply for a home mortgage

Renters Insurance.

What type of researcher studies the relationships between the supply of things we want to buy and the prices we have to pay

Economists

What following accounts are only offered by employers to their employees

401(k) A+

The population of the United states represents approximately how much of the total world population

4.5%

Trade in which organization spawned a new form of currency which is recognized worldwide

european union

Which of these items is not considered by economists to be a needa mealsheltera coata book

Which of these items is not considered by economists to be a need?

a meal

shelter

a coat

a book

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