Econ Test #1 Prep

Your razzmatazz (product) needs more shizzle (bling or gotta have it mojo)!

Which of the following economic words deal with extra money? (after expenses and bills)

This is the type of economy the United States of America uses?

If a resource is very limited it is also considered to be this?

Televisions, DVD players, an XBOX, a new cell phone, and a new car are all what?

Acting without really thinking about it in life and in shopping is called what?

Which of the following is an example of long-term credit?

Which of the following uses your own money?

Which word below best describes labor?

A company has this if they are the only one selling the product?

The McDonald's commercial using Michael Jordan uses what type of commercial method?

Which of the following are considered ways to transport goods from place to place?

Which of the following business types typically have one owner?

Financial capital and capital are a little different. Financial capital is really just what?

Which of the following is considered a non-profit organization?

Pepsi vs. Coke commercials fall under what method of advertising?

Which type of business sells stock to expand their company?

A commercial that uses puppies, kittens, or babies is using what method of marketing?

This is another name for a share?

Which individual most likely had an influence on the Ford Motor Company?

Trucks, tools, trailers, snow plows, pens, paper, copy machines, are all considered what?

Which method for preparing for a test is the best method? (not your opinion....fact)

Which of the following is considered a fixed payment? (rarely changes)

Which of these businesses would be considered a corporation?

Which law says that if customers can get things cheaper, they will buy them?

This word would best describe what can happen financially if a few bad things happen?

Which Schoolhouse Rock episode focused mainly on trading?

If you own stock in a company, you are this?

As you get older, life gives you more of this based on your experiences?

Which of the following would be considered a service and not a good?

In the BMS Stock Market Challenge, we all started out with this much money to invest?

This is what they call the profits from a corporation that go back to stockholders?

Which of the following Newton businesses would be considered a partnership?

What is the best formula for success if you are dealing with the stock market?

Which of the following are considered natural resources?