The inability to satisfy all wants and needs is called

What is the opportunity cost if you watch a movie instead of studying?

Central Planning. No Choice. North Korea.

Power of the buyer. What we want businesses will provide for us.

In economic flow...who earns income, invest, and buy goods and services?

What does the government provide people and businesses with tax revenue?

Which is NOT a public good or service?

Why did the government pass anti-trust laws to ban monopolies?

If the FED lowers interest rates...what will happen to the economy?

What will happen if the FED raises taxes?

The first step of career planning is to take a-

Which government agency would fine a company for trying to become a monopoly?

Which government agency would would fine a company for illegally dumping garbage in a lake?

If you are harmed by a product you can-

What will lower the cost of production?

What does NOT influence income?

Supply and Demand determines-

Businesses, government and people make the decisions for which econ system?

Farming, hunting, customs, doing what your parents and grandparents did

OSHA is a government agency that would investigate-

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