Economics II: Question Preview (ID: 8613)

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A plan listing income and expenses
a) business b) barter c) budget d) boycott
Education and Training affect this
a) production b) barter c) boycott d) all of the above
Jobs in an area due to resources
a) employer b) salary c) common careers d) unemployment
The amount of goods or service produced in a given period of time
a) salary b) profit c) barter d) productivity
This is the choices a person makes on their use of money and resources
a) taxes b) personal spending c) worker d) employee
This is a crop grown to be sold for a profit
a) fur trade b) planation c) crop rotation d) cash crop
The act of trying to win or gain something from others
a) competition b) consolidation c) cooperation d) conquistador
Use natural resources, money, and knowledge to produce goods and services
a) employee b) employer c) economy d) employment
a) To send goods to other countries for sale or use b) To bring goods in from other countries c) impressment d) rise in cost
A rise in the usual price of goods and services
a) taxation b) discrimination c) inflation d) production
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