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What is the purpose of a tariff?
a factory builds seats that will be sold to different car manufacturers to be installed in a variety of cars
a combination of privately-owned industry and government control
citizens
command
producing
mixed
depends on how much beef is available and how many people want to buy it
to increase the price of imported goods
Which economic terms means to 'make'?
a factory builds seats that will be sold to different car manufacturers to be installed in a variety of cars
a combination of privately-owned industry and government control
citizens
command
producing
mixed
depends on how much beef is available and how many people want to buy it
to increase the price of imported goods
Which of the following would reflect a country with a mixed economy?
a factory builds seats that will be sold to different car manufacturers to be installed in a variety of cars
a combination of privately-owned industry and government control
citizens
command
producing
mixed
depends on how much beef is available and how many people want to buy it
to increase the price of imported goods
Who owns businesses and determines what to produce in a market economy?
a factory builds seats that will be sold to different car manufacturers to be installed in a variety of cars
a combination of privately-owned industry and government control
citizens
command
producing
mixed
depends on how much beef is available and how many people want to buy it
to increase the price of imported goods
Most countries in the world use which economic system?
a factory builds seats that will be sold to different car manufacturers to be installed in a variety of cars
a combination of privately-owned industry and government control
citizens
command
producing
mixed
depends on how much beef is available and how many people want to buy it
to increase the price of imported goods
Which of the following is NOT another name for a free market economy?
a factory builds seats that will be sold to different car manufacturers to be installed in a variety of cars
a combination of privately-owned industry and government control
citizens
command
producing
mixed
depends on how much beef is available and how many people want to buy it
to increase the price of imported goods
In a market economy, the price of a pound of beef
a factory builds seats that will be sold to different car manufacturers to be installed in a variety of cars
a combination of privately-owned industry and government control
citizens
command
producing
mixed
depends on how much beef is available and how many people want to buy it
to increase the price of imported goods
What is the best example of specialization?
a factory builds seats that will be sold to different car manufacturers to be installed in a variety of cars
a combination of privately-owned industry and government control
citizens
command
producing
mixed
depends on how much beef is available and how many people want to buy it
to increase the price of imported goods
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