Eco unit 1 2021

What is the total value of a nation's G & S minus depreciation?

Eco rule stating that individuals can't buy the same quantity of a product if the price rises

Eco rule stating that if 2 items satisfy the same need & the price of 1 rises people will buy

The smartest way to handle credit cards is to

A company's office building is an example of a _ _

Why do business people form bank holding companies?

Refusing to buy a company's product or use their services is known as a _

_ goods are used to make other G & S.

One drawback to electronic banking is the lack of a _ _

The ease with which you can convert assets into cash is known as _ _ _.

Economist say we should have a rainy day fund equal to _ months our income.

The process by which unions and employers negotiate the conditions or contract is called _ _

The 3 main business organizations are sole proprietor, partners and _

The value of the next best alternative that is given up by the action that is chosen is the _ _

_ _ _ is the material well-being of an individual rather than the government

The best source for evaluating consumer goods is

_ is the amount of output that results from a given level of inputs

The absence of spending is

To determine if you have made a profit on an individual stock you would compare

It is easier to start a business in the _ market structure.

The advantage of becoming a corporation is limited _

A _ _ is the legal max. price that can be charged for a particular G or S

Who investigates stock market fraud such as insider trading?

When a private business investigates a person to evaluate credit risk they are running a credit

In Florida the _ home is protected during bankruptcy proceedings.