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☆☆☆☆☆Cards in this guide (20)
Under this economic theory the government does not get involved in the economy
Laissez-Faire
In economic terms what does market mean
the coming together of a buyer and seller
What type of tax is placed on the value of inherited property
inheritance
What is the subject on which a tax is levied
tax base
What is a tax paid on owned real estate
ad valorem tax
What type of tax is imposed on all real and personal property of a deceased person
estate (A+)
Money earned from which of these is represented as salaries
Labor
Which of these produces money in the form of rent
land
Which of these is not a way to conserve energy on a daily basis
leaving your air conditioner on during the day
Which of these is not an example of natural resources
which of these natural resources is not being renewed
What type of resource is not an economic factor of production
Money, political resources, and infrastructure are not considered economic factors of production.
Money is considered to be a factor used in trade, mostly. Money is used to trade or sell or buy something and for production to move as well. It can be a huge factor that contribute to production but it mostly envelopes the trade industry.
Which of these commuting options does not help reduce pollution
driving 20 mph above the speed limit...
A certain producers business is to collect sterilize add seltzer and redbottle water after doing this how can the water be classified
economic question
Is an organization that produces and distributes a good or service for profit called a business yes or no
Yes
Which of these is sometimes included as a fourth factor of production
intellectual capital
Where can you find easy simple ways to reduce your carbon footprint and save money
Environmental Protection Agency (EPA) website
What is considered the passive factor in production
land
Which term refers to the cost a firm incurs for labor
Wages A+
Which is classified as working capital
stocks of finished goods
Which of these would not be considered intellectual capital
cultural values
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