Duke Energy Power Company uses water to power the area. Which resource is Duke Energy Power using?

John specializes in leasing commercial buildings to manufacturing companies. In which type of resource does he specialize?

Jewel Manufacturing Company changed its production line to include more workers and decrease production time. Which economic question does this address?

Which is an example of consumers establishing demand?

Which is an example of consumers setting the demand?

Jane’s Steakhouse offers several dishes that may include whole wheat, corn, or beef. Which type of resource is included in the dishes?

An example of a value for a market economy is a:

Tina needs to find employment to earn an income. She applied for positions as a teacher, contractor, and coordinator. Which part of the economic decision-making process has she performed?

Which is an example of a company establishing supply?

An example of a value for a command economy is:

Tony is trying to decide on which cars to sell at his dealership. He completed a spreadsheet to compare the options of cars. Which part of economic decision-making process has he performed?

Bryers Ice Cream Company plans to increase the quantity of ice cream sold per quarter. This is an example of which self-regulating principle of a market economy?

Brandon’s Towing Company added flat tire replacement services. Which economic question does this address?

Tony organized all the automobiles that he has decided to sell at his dealership. Which part of economic decision-making process has he performed?

Department stores report monthly to the state commerce office its total sales of goods and services. This information would be useful for which measurement of economic activities?

Mary is proud of saving over $43,000 in a bank. She knows that her saving money at the bank will provide funds for others to borrow money. This information would be useful for which measurement of economic activities?

If an economist researches annually the total value of homes built, this information would be useful for which measurement of economic activities?

When a government agency reports annually the total amount spent to pay employees, this information is useful for which measurement of economic activities?

In a hypothetical economy, only 40 people were included and 15 pizzas were produced last year at $7 dollars each. This information would be useful for which measurement of economic activities?

A report covering four quarters about the economy includes that more companies are experiencing less production and reducing the number of employees. Which phase of the business cycle does this report describe?

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