POBF 5.02 - Economic Systems (2016)

Match it! Select the correct answer from the pull down...Good luck!

Which is a problem associated with communist command economies?

Countries whose governments provide citizens with free medical care, education, and other benefits often are referred to as which type of state?

A business selects goods or services to sell. Which type of risk is this business using?

Which represents a natural risk for the owner of a delivery service?

In business terms, what is profit?

Which is an example of a speculative business risk?

A vendor is extending credit to the Jones Company in return for the Jones Company's agreement to use the vendor as the sole source of its supplies. What federal act is the vendor and the Jones Company violating?

For a business, income remaining after payment of expenses is: