Economic Indicators

The quantity of a product available for purchase is called

The financial well being of the average person in a country

When demand is greater than the given supply of a product, the price will be higher

which is not an economic indicator

The GDP of a nation divided by its population

The civilian labor force is divided into what two categories

Not a strategy to make a profit

What happens when the supply of a product meets the demand for it?

The market value of all final products in a country during a specific time period

The US economy is often called a ______ economy

Credited with being the first businessman to utilize specialization by using the assembly line

Which is NOT considered a form of non-price competition?

Which of the following is NOT a market force

Why business owners earn profits and are motivated to start and expand busineses

GDP growth rate in US during the great recession of 2008