CE 11 Review #3: Question Preview (ID: 14923)

Below is a preview of the questions contained within the game titled CE 11 REVIEW #3: SOL Review For CE 11 With A Focus On CE 11c. To play games using this data set, follow the directions below. Good luck and have fun. Enjoy! [print these questions]

Play games to reveal the correct answers. Click here to play a game and get the answers.

The money earned after all expenses have been paid is called?
a) Profit b) Debt c) Taxes d) Investment
The right of individuals and businesses to own real and personal property as well as the means of production without undue government interference is?
a) Profit b) Consumer Sovereignty c) Competition d) Private property
In the United States, consumers have the ability to determine what goods and services will be produced through their purchases. This is called?
a) Centrally planned economy b) private property c) lack of consumer choice d) consumer sovereignty
All of the following are characteristics of the U.S. economy EXCEPT?
a) Free markets b) Private property c) No competition d) Consumer sovereignty
The ability of businesses to sell similar products, resulting in higher quality goods at a lower price, represents which characteristic of the U.S. economy?
a) Consumer Sovereignty b) Competition c) Private property d) Free Markets
What is the main role of the consumer in the U.S. economy?
a) To determine through their purchases what will be produced b) To buy all goods at any price c) To make products for themselves d) To operate the economy without undue influence
The ability of businesses and individuals to own the means of production represents what aspect of the U.S. economy?
a) Competition b) Consumer Sovereignty c) Free Markets d) Private Property
The ability of markets to operate with little government interference is what characteristic of the U.S. economy?
a) Free markets b) Competition c) Private property d) Consumer sovereignty
How does competition help consumers?
a) Determines quality and pricing expectations b) Determines the amount of profit c) More stores carry the same items d) More items at higher prices
Reggie earned $100 by selling lemonade. His expenses to set up the stand and make the lemonade were $50. To figure out his profit, Reggie must?
a) Add his earnings to his expenses b) Do nothing else c) Multiply his earnings times his expenses d) Subtract his expenses from his earnings
Play Games with the Questions above at ReviewGameZone.com
To play games using the questions from the data set above, visit ReviewGameZone.com and enter game ID number: 14923 in the upper right hand corner at ReviewGameZone.com or simply click on the link above this text.

Log In
| Sign Up / Register