Unit 2 Exam Review, Consumer Economics Fall 2021

The United States is an example of what type of economic system?

Choosing a public leader is called:

Money withheld from your gross pay for various benefits and taxes is called a:

Andrew buys stocks and bonds. Which economic activity is this?

Which of the following is NOT something that would be deducted from your pay check?

Which of the following is a one page summary of your accomplishments?

On the job and school training in the labor unions is known as a:

What is the primary purpose of a labor union?

All of the following are economic systems except:

The income that you take home after deductions is called:

Which economic law summarizes the balance of production and price?

The action of working to make money is called:

TJ shares the risk for liability on his car by paying a premium. What economic activity is this

Which country is the best example of a command (communist) economy?

In which economic system does the government have the most control over employment choices?

The total amount of money that you make is called your:

Jennifer has 10% of her paycheck set aside for future use. What economic activity is this?