Economics Review

A tariff is an increase in the amount of tax placed upon

There are no pure market economic systems, but which of the following counties is closest?

Which is an example of human capital?

The economic system in which citizens make all economic decisions is

In a traditional economy, goods and services are exchanged through

Another name for a market economy is

Someone who takes a risk by starting their own business is a/an

Who owns the resources in a command economy?

Which is an example of a company investing in capital goods?

The number limit on how many items of a particular product can be imported from a country is 

Which of the following is NOT one of the basic questions that all economic systems must answer

Which of the following would be MOST helpful in improving a country's standard of living?

Which is an example of a physical trade barrier?

A literate adult is LEAST likely to have

Which of the following is found in a market economy?

The economic system of communist countries is most closely related to a

A product of the earth that people use to meet their needs is a 

Which of the following is NOT a factor of production?

In a command economy, economic decisions are made by the

Which trade barrier sets a complete ban on any trade between countries?