Review Game Zone
Flash Cards
(current)
Games
Teachers
Search
Chapter 7 Test Part 3
Test Description: Part 3
Instructions: Answer all questions to get your test result.
1) A business is ___________ when it is out of money and unable to meet its finicial obligations.
A
profit
B
consumer
C
bankrupt
D
not enough
2) A company makes a _____________ when the amount it makes from selling its products is more than it costs to make them.
A
consumer
B
profit
C
money
D
competiton
3) The economy is the way a country handles its _________ and products
A
too much
B
competition
C
not enough
D
money
4) If there is ____________ money is circulation, prices will become too high
A
bankrupt
B
too much
C
money
D
consumer
5) If there is __________ money in circulation, business will slow down
A
not enough
B
profit
C
money
D
competition
6) When a company tries to get consumers\' business by producing better products or selling them a lower proces than another company there is ___________.
A
money
B
bankrupt
C
profit
D
competition
7) A product that is changed to meet consumers\' preferences is a ______________-driven product
A
bankrupt
B
competition
C
profit
D
consumer
8) Name a factor that affects supply and demand
A
trade with other countries
B
the money supply
C
all of the above
D
jobs
9) Explain the law of supply and demand
A
manufacturers produce more than enough, but prices rise when good are scarce
B
consumers wnat more that manufacturers produce
C
all of the above
D
prices fall when goods are plentiful
10) What is the Federal Reserve System
A
part of the government in charge of systems
B
a system that the Federal Government usese to reserve rights
C
the central banking system of the United States which controls amount of money in circulation
D
who you call to make a reservation at a restaurant
*select an answer for all questions
Check Results & Get Answers
Play Games with the Questions Above
Teachers: Create FREE classroom games with your questions
Click for more info!
©2007-2024
ReviewGameZone.com
|
About
|
Privacy
|
Contact
|
Terms
|
Site Map
WAIT! Find what you needed?
×
Still Looking for the Answers?
Have Another Question?
Play a Review Game with These Questions?
Want to Make Your Own Test Like This One?