Review Game Zone
Games
Test
Preview
Back
Match it!
Match it! Select the correct answer from the pull down...Good luck!
15 year old Calvin inherited $3,000 from an aunt. He wants to create an investment plan that has a very low risk but still increases the money he will have for college. Based on Calvin’s requirements, in which option should he MOST LIKELY invest?
the value of a country’s exported goods and services minus the value of goods and services a country imports
oligopoly
how the price changes the quantity demanded of that product
It monitors the safety of goods and services through regulatory agencies.
U.S. consumers of Chinese goods would probably benefit.
a bond
automobile insurance
place an embargo on all goods from that country
If the U.S. government disagrees with a foreign country’s politics and wants to prevent trading with that country, the MOST effective action the U.S. government can take is to
the value of a country’s exported goods and services minus the value of goods and services a country imports
oligopoly
how the price changes the quantity demanded of that product
It monitors the safety of goods and services through regulatory agencies.
U.S. consumers of Chinese goods would probably benefit.
a bond
automobile insurance
place an embargo on all goods from that country
What is the MOST LIKELY result of an increase in the value of the U.S. dollar against the Chinese renminbi?
the value of a country’s exported goods and services minus the value of goods and services a country imports
oligopoly
how the price changes the quantity demanded of that product
It monitors the safety of goods and services through regulatory agencies.
U.S. consumers of Chinese goods would probably benefit.
a bond
automobile insurance
place an embargo on all goods from that country
Which statement BEST describes the role of the government in a mixed-market economic system?
the value of a country’s exported goods and services minus the value of goods and services a country imports
oligopoly
how the price changes the quantity demanded of that product
It monitors the safety of goods and services through regulatory agencies.
U.S. consumers of Chinese goods would probably benefit.
a bond
automobile insurance
place an embargo on all goods from that country
In the U.S. economy, a few firms dominate the wireless telephone provider industry. Which type of market structure does that represent?
the value of a country’s exported goods and services minus the value of goods and services a country imports
oligopoly
how the price changes the quantity demanded of that product
It monitors the safety of goods and services through regulatory agencies.
U.S. consumers of Chinese goods would probably benefit.
a bond
automobile insurance
place an embargo on all goods from that country
When Jason bought a car and went to register it with the state Department of Motor Vehicles, he needed to show proof of insurance. What kind of insurance did Jason need to have?
the value of a country’s exported goods and services minus the value of goods and services a country imports
oligopoly
how the price changes the quantity demanded of that product
It monitors the safety of goods and services through regulatory agencies.
U.S. consumers of Chinese goods would probably benefit.
a bond
automobile insurance
place an embargo on all goods from that country
Which of these is measured by price elasticity of demand?
the value of a country’s exported goods and services minus the value of goods and services a country imports
oligopoly
how the price changes the quantity demanded of that product
It monitors the safety of goods and services through regulatory agencies.
U.S. consumers of Chinese goods would probably benefit.
a bond
automobile insurance
place an embargo on all goods from that country
Which of these BEST defines the term balance of trade?
the value of a country’s exported goods and services minus the value of goods and services a country imports
oligopoly
how the price changes the quantity demanded of that product
It monitors the safety of goods and services through regulatory agencies.
U.S. consumers of Chinese goods would probably benefit.
a bond
automobile insurance
place an embargo on all goods from that country
Check it!
Match it!
Match it!