ECONOMICS

A brand new car when I turn 16 in a NEED!

As the price of a particular item goes down, more consumers will ____ the product, increasing ________.

In a __economy, supply, demand, and a system of pricing allow people to make economic decisions through free interaction

Putnam County Bank is an example of a _____.

Insurance companies, investment bankers, mutual funds, and stock brokerage firms are examples of ___.

Land, labor, capital, and entreprenuership are the 4 factors of ______.

If there are extra goods, members of a traditional economy may _________.

Giving up to get something else.

In what ecomomy are all three questions answered by customs and traditions?

If the price of an item increase, consumers will demand ______ of the product, reducing _______.

Economics is the study of the

The point at which supply and demand cross is the

Which one is an example of a need?

What is the inflation rate today approximately?

In a _______ ecomomy, the government controls the land, public housing, public utilities, factories, and stores.

Requires people to decide which goods and services to use or not use due to limited resources and unlimited wants.

Deflation is when prices go

Financial market is a mechanism that provides means for

Your mom offers you $10 to clean your room, this is an example of a ______________.

When prices rise this is an example of ______.