Economics: CE 11 and 12

All are basic economic questions that must be answered EXCEPT:

This dictator has which type of economy in his country?

Which government agency would oversee this type of business?

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

This picture shows an example of an

What do banks pay to encourage saving?

All are true statements about a command economy EXCEPT:

The factors of production are also known as

The first step in career planning is

Which one is NOT a private financial institution?

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

Which agency would oversee how these stores do business?

This company represents which type of business structure?

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

This picture shows the concept of

These are all characteristics of the U.S. economy EXCEPT:

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

What type of resource is this?

Nations trade for all these reasons EXCEPT:

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

What type of resource is this?

The interaction of supply and demand determines____.

The following are all parts of circular flow EXCEPT:

These factory workers demonstrate the term

The buying and selling of goods worldwide indicates a ____economy.

Which government agency fined BP for this disaster?

This picture shows the concept of