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Chris & Kian Economics Review Flashcards | StudBud
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Chris & Kian Economics Review
Chris & Kian Economics Review
7 terms
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StudBud Administration
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14 plays
And economics quiz that indtroduces the basics of economics
Flashcards
7 cards
F
Practice quiz
P
Host live
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Questions
7
Answers
1
A supply curve is directly affected by
Technology
All of the above
Prices of related goods
Tastes
2
Which scheme requires a constant flow of new investors?
Fonzi scheme
ponzi scheme
Pyramid scheme
Fraudulent scheme
3
Forms of business ownership
Resell
Sole Propietor
Personal finance
Franchise
4
Economics is the study of
How society decides what, how, and for whom to produce
Production technology
Consumption decisions
The best way to run society
5
material is insufficient for the demand
Scarce
Bonds
Auction
Bulk
6
What is the most safe investment?
High interest savings
Gold
Oil
U.S. saving bonds
7
Which term means you borrow a stock, sell it and pocket the proceeds?
Shorting stock
Inflation
Credit rating
Pump an dump
