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The word that means "having a limited quantity of resources"

Economics - means what?

Economics Terms

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1
Economics - means what?
Study of endangered species
study of how people meet their wants and needs
study of how to cope with 7th graders
Study of Eco systems
2
The word that means "having a limited quantity of resources"
recession
scarcity
demand
supply
3
money earned by selling goods or services is best described by what term:
demand
revenue
incentive
recession
4
The term that explains "a decline in economic growth six or more months".
recession
economics
scarcity
inflation
5
"Incentive" means:
factor of the need for food and shelter.
desire for certain goods.
a physical need for water.
a factor that encourages people to act in a certain way.
6
"Demand" means:
People who make products
the french word of The Mand
desire for certain goods or services
limited resourses
7
"Supply" means
a very limited amount of studunts.
encourges business growth
amount of goods or services available.
is the amount of money in the world.
8
"Producer" in economic terms means-
a person that gives their ideas to a company.
people or businesses that make or sell products.
someone who funds a movie or play.
a person that is really good at a sport.
9
"Consumer" in economic terms means-
a person who sells a product.
someone who loves to eat.
people or a businesses that buy or consume products.
someone who has no money in the bank.
10
The term meaning "general increase in prices" is
demand
inflation
producer
recession