NC Economy 4th Grade

All bank transactions should be recorded in the register.

Which of the following does NC import?

Which country is NC leading trade partner?

What service is a bank likely to offer?

In a free enterprise economy, ____________ are free to start and run their own businesses.

Which of the following is a renewable resource?

Opportunity cost is

The amount left over from your paycheck after taxes and deductions is called

Which is an example of an entrepreneur?

Some people _________ by buying stocks, bonds, or other property.

Which tax is based on a person's earnings?

What is an effect of specialization?

Which activity earns people interest?

Which level of government uses tax money to pay for the postal service?

Which of the following is a financial institution?

Credit and debit cards are the same thing.

In what way do people help conserve NC forests?

What kind of resource is a raw material?

A direct deposit is when you take your deposit directly to the bank

Alex sold 40 hot dogs at $1 each, with expenses of $29.  What was the profit earned?

You need to fill out a deposit slip for your paycheck direct deposit

___________ is important because all resources are limited.

All businesses need ___________ to make goods or provide services.

Which is a good example of a capital resource?

Which industry depends upon cotton farmers?