VE EOY 3

Standard of living refers to

If the value of imported goods exceeds the value of exports, you have a

______the general well-being and satisfaction of political freedom, safety, education etc...

When looking for financial backing a venture capitalist will want

A partner who invest $$ but does not take an active role in a business

The total amount of a businesses income is called

4 basic types of unemployment are frictional, structural, seasonal and .....

_____refer to those functions that one does well as, or better than, any other in the world.

Someone responsible for getting information to managers

3 major economic indicators for a nation include GDP, unemployment rate and....

Business owners who want to stay small

_______ means decision making is delegated to lower level managers.

The two major types of markets are the

The 3 leading nations of exports

_____unemployment refers to persons who purposefully quit their jobs and have not yet found one

Thomas Malthus believed

3 countries in NAFTA

The U.S. National debt was recently over