Economy I Question Preview (ID: 25647)
Review Questions
Samer
Thomas
Albert
Austin.
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Because of scarcity, businesses must decide
a) What to produce
b) How to produce
c) For whom to produce
d) All of the above
Characteristics of corporations include
a) High risk venture
b) Limited liability
c) Sole owner collecting profits
d) ( ͡o ͜ʖ ͡o)
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The United States has a
a) Command Economy
b) Free Market Economy
c) Mixed Economy
d) Giant mecha-chicken named Phil who likes Seinfeld and Communism
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