Cards in this guide (21)
Name three new business practices of global trade
Global trade involves business practices that cross
international borders. Modern business practices may include
multiple locations being used as well as telecommunication via
teleconferencing.
A country's economy is stagnating when the GDP is doing which of the following
Neither rising nor falling
Economics is about allocating resources to produce and distribute which of the following
The gross domestic product goes up when there is what
More investment in businesses
What best describes the incentive for producers to conduct market research
The desire to know what consumers want.
Which of the following are useful for conducting market research
Focus groups Focus groups
What best explains why competition is an important part of a free-market system
C. Without competition, people wouldn't have a lot of choices.
Which of the following is a reason why peer pressure influences consumers
People often compare themselves to others.
What directly generates revenue for a business
Output directly generates revenue for business.
Output
Which of the following explains why companies spend money on advertising
Companies want to influence consumer behavior through
advertising.
Which of the following terms best characterizes cost-benefit analysis
Which of the following pairs of words best describes using cost benefit analysis maximizing and minimizing
The internet influences the economic decisions people make of which of the following
The information that is accessible allows consumers to consider
every available option..
Apex:) L.R
Which best describes a situation where the goal growth is being pursued
The government establishes a retirement program for its
citizens.
Who creates a deed restriction
The owner of the land can create a deed restriction.
The owner of the land can create a deed restriction.
The owner of the land can create a deed restriction.
The owner of the land can create a deed restriction.
Which of the following is another term for a planned economy
Which of the following is not something that consumers need to pay attention to order to make rational choices
When technology advances which of the following will always take place
Which if the following is not a goal pursued in the game of economics
Which of the following best demonstrates the way consumers and producers influence each other in the free market system
Match each organization with its correct relationship to the government
A. Social security _ government agency
B. U.S. Postal Service _ government corporation
C. Boeing _ government contractor
