Chapter 7 Test Part 3: Question Preview (ID: 11440)

Below is a preview of the questions contained within the game titled CHAPTER 7 TEST PART 3: Part 3 .To play games using this data set, follow the directions below. Good luck and have fun. Enjoy! [print these questions]

Play games to reveal the correct answers. Click here to play a game and get the answers.

A business is ___________ when it is out of money and unable to meet its finicial obligations.
a) bankrupt
b) profit
c) not enough
d) consumer

A company makes a _____________ when the amount it makes from selling its products is more than it costs to make them.
a) profit
b) competiton
c) consumer
d) money

The economy is the way a country handles its _________ and products
a) money
b) too much
c) not enough
d) competition

If there is ____________ money is circulation, prices will become too high
a) too much
b) money
c) bankrupt
d) consumer

If there is __________ money in circulation, business will slow down
a) not enough
b) competition
c) profit
d) money

When a company tries to get consumers\' business by producing better products or selling them a lower proces than another company there is ___________.
a) competition
b) profit
c) money
d) bankrupt

A product that is changed to meet consumers\' preferences is a ______________-driven product
a) consumer
b) competition
c) bankrupt
d) profit

Name a factor that affects supply and demand
a) all of the above
b) jobs
c) trade with other countries
d) the money supply

Explain the law of supply and demand
a) all of the above
b) prices fall when goods are plentiful
c) consumers wnat more that manufacturers produce
d) manufacturers produce more than enough, but prices rise when good are scarce

What is the Federal Reserve System
a) the central banking system of the United States which controls amount of money in circulation
b) who you call to make a reservation at a restaurant
c) part of the government in charge of systems
d) a system that the Federal Government usese to reserve rights

Play Games with the Questions above at
To play games using the questions from the data set above, visit and enter game ID number: 11440 in the upper right hand corner at or simply click on the link above this text.

Log In
| Sign Up / Register