Economics: CE 11, 12 and 13

The United States has a -

What type of resource is this?

This company represents which type of business structure?

This dictator has which type of economy in his country?

This picture shows the concept of

Which agency would oversee how these stores do business?

The buying and selling of goods worldwide indicates a ____economy.

Which one is NOT a private financial institution?

The people in this town couldn't drink the water. What agency got involved?

All are basic economic questions that must be answered EXCEPT:

These factory workers demonstrate the term

The factors of production are also known as

What is one function of money?

Which government agency fined BP for this disaster?

All are true statements about a command economy EXCEPT:

What type of resource is this?

These are all characteristics of the U.S. economy EXCEPT:

Why is a monopoly bad for an economy?

Most goods and services provided by the government -

Which government agency would oversee this type of business?

Nations trade for all these reasons EXCEPT:

The interaction of supply and demand determines____.

This man is the only owner of his shop. His business must be a

What do banks pay to encourage saving?

Ted earned $100.00 but spent $60.00 on supplies. What's his profit?

The following are all parts of circular flow EXCEPT:

This picture shows the concept of

The central bank of the United States is the -

This picture shows an example of an

Everyone in his family is a basket weaver. What type of economy is this?

Should Jim play football or watch tv? He chose watching tv. What's the opportunity cost?