Cards in this guide (22)
Technological advancements can improve productivity by doing which of the following
Developing machines that reduce the human effort needed to
produce goods and services.
When the gross domestic product is neither growing nor shrinking a country's economy is doing what
Calculations of cost and benefit are always which of the following
The two forms of technology are better devices and improved
The two forms of technology are better devices and improved
method.Better devices and improved methods.
Which of the following best describes the kinds of decisions that result from using cost-benefit analysis
An outcome with benefits that are greater than the costs.
Which of the following best explains why the circular flow model characterizes the free-market system
Consumers and producers influence each other in a circular
fashion.
The Gross Domestic Product goes down when which of the following occurs
Imports increase faster than exports.
In economics workers are both producers and which of the following
Consumers influence the decisions of producers in which of the following way
through the purchasing decisions they make
Which of the following statements best explains why producers conduct market reaserch
knowing what consumers want helps producers make more money.
Good Luck!!
Which of the following best explains why the game of economics does not have a signal goal
Which best explains why resources need to allocated in the game of economics
Resources must be allocated because there are not enough
resources to produce all of the goods and services that everyone
wants.
Which of the following economic indicators would be most useful for figuring out whether the economy is growing quickly of slowly
Which can best explains why some economic goals are incompatible with each other
People are often in conflict over what they want.
What is debit to equity ratio
Debt to equity ratio is a measurement criteria to measure how
much debt is used in business as compare to owner's capital to
finance the business.
What must be a feature of an activity for it to be a game
Which other the following is an example of a distribution decision
A pipeline is set up to get oil from wells to refineries.
Which of the following is an example of a production decision ...
Science can be used to predict the effects of the dam on wildlife.
Which of the following is another term for a planned economy
When technology advances which of the following will always take place
Economics is about doing with the resources when it comes to the production and distribution of goods and services
What following best defines e-commerce
Buying and selling online.
