Economics: CE 11 and 12

The buying and selling of goods worldwide indicates a ____economy.

The following are all parts of circular flow EXCEPT:

Which one is NOT a private financial institution?

Which government agency would oversee this type of business?

What do banks pay to encourage saving?

Which agency would oversee how these stores do business?

This picture shows the concept of

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

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

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:

These factory workers demonstrate the term

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

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

This picture shows an example of an

This company represents which type of business structure?

Nations trade for all these reasons EXCEPT:

All are basic economic questions that must be answered EXCEPT:

The first step in career planning is

The factors of production are also known as

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

The interaction of supply and demand determines____.

What type of resource is this?

Which government agency fined BP for this disaster?

This picture shows the concept of

This dictator has which type of economy in his country?