Economics Review

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

Porter owns a candy store and wants to sell as many chocolates as possible before the end of the year. The economic principle he would use is -

Bodie works at the local Guitar Center. He gives electric guitar lessons. Bodie is an example of -

Individuals, government, and businesses make economic decisions in which economic system?

Which is not one of the three basic questions that all societies must answer?

What type of economic system does the United States have?

Borrowing money from a bank

Who has the most influence in a free market economic system?

What does the government collect from consumers in order to pay for public services?