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The science of government and how it works.
10. (6A, economics)
What happens to the Production Possibility Frontier Curve (PPF) when a company grows in assets like opening new branches or obtaining more machines?
Ylanan Hall
14. (14B, heroic deeds)
The College of Mass Communication is also called "Plaridel Hall"
The job of getting customers to want a product.
Never handle electric equipment with wet hands.
Jerry Falwell founded the ______, a political organization based on the religious beliefs of some Christians.
If a person started digging a deep hole and discovered an ancient piece of art, what strand would that fall into?
New technology tends to shift the supply curve to the right.
In order for the U.S. to accommodate people entering the workforce, its GDP needs to grow about ____ per year.
The United States of America operates a Mixed Economy, which meets the its citizens basic ______________.
Economic needs is:
what economic conditions are necessary for the strategy to be employed?
A financial benefit that is realized when the amount of revenue gained from a business activity exceeds the expenses, costs and taxes needed to sustain the activity.
_______________ is how much we buy
I'd like to be able to speak German, English and French fluently after I graduate.
The knowledge, efforts, and skills people bring to their work, also called labor.
Which among the following choices would best fit the description of a primary source?
What are wants?
The study of politics and economics are related and how their relationship shapes the balance between freedom and equality.
Which of the following is not a supply-side policy?
What is the cost of a trade off called?
part B 11
What country does Germany invade that signifies the start of WWII
What is true about the Virginia & Kentucky Resolutions?
An effective minimum price imposed by the government, called price floor in economics, is usually expected to result in what?
Marginal utility is:
25 SS8CG5 The main governmental authorities in the counties of Georgia are
8 SS8CG1 What is the most important reason citizens should serve on jury duty and vote in elections?
Which countries were involved in NAFTA?
True or False: When a country has a market economy the government controls most of the businesses.
The European Union creates a single market in many countries. Businesses are able to operate without trade barriers or restrictions, and companies throughout Europe have equal opportunities to reach customers. This often results in greater choice and lower prices for consumers. According the the passage above, consumers benefit from lower prices in the European Union's single market. Which of the following best explains the reason.
The European Union creates a single market in many countries. Businesses are able to operate without trade barriers or restrictions, and companies throughout Europe have equal opportunities to reach customers. This often results in greater choice and lower prices for consumers. According the the passage above, consumers benefit from lower prices in the European Union's single market. Which of the following best explains the reason.
Which term best describes an economic system in which the people-not the government-own land, factories, and businesses.
Which word has the same meaning as "tariff"?
The European Union creates a single market in many countries. Businesses are able to operate without trade barriers or restrictions, and companies throughout Europe have equal opportunities to reach customers. This often results in greater choice and lower prices for consumers. According the the passage above, consumers benefit from lower prices in the European Union's single market. Which of the following best explains the reason.
Many countries in Europe have switched to the euro, the currency of the European Union. Using the euro gives them many advantages. The greatest advantage is having a single currency for several different countries. A single currency means that businesses can sell goods and services to consumers in other countries without worrying about any exchange rates. People traveling between countries also do not have to worry about exchange rates. According to the passage above, which of the following is a benefit of the euro to consumers
True or False: The currency used in the United Kingdom is the pound
8 SS8CG1 What is the most important reason citizens should serve on jury duty and vote in elections?
25 SS8CG5 The main governmental authorities in the counties of Georgia are
33. If the governor takes no action on a bill, it
8 SS8CG1 What is the most important reason citizens should serve on jury duty and vote in elections?
your best plan is to create a budget to create wealth for your future
Apx. __________ people live on the Earth right now
Which term best describes an economic system in which the people own land, factories, and businesses.
Miles has a case of bottled water chilling on ice. He plans to sell this water during recess to raise money for the basketball team. Miles knows the best time to sell water is when_________________________.
Firewood that I purchase for my fireplace, is a ________ resource.
Eric mows lawns with a push mower to earn money. He has earned $500. He wants a new expensive racing bike that costs $500, but decides instead to purchase a riding lawn mower to replace the push mower. Eric is hoping that purchasing the riding lawn mower will:
25 SS8CG5 The main governmental authorities in the counties of Georgia are
Economics is primarily concerned with the question of how
Minimization of production costs:
True or False? Germany has a higher GDP than Russia and the United Kingdom.
Which term best describes an economic system in which the people-not the government-own land, factories, and businesses.
Which factor of production is being utilized when an individual takes a risk and starts their own business in hopes to make a profit?
This purpose of government means to keep the peace at home.
What is the unity of the laws of nature and society:
33. If the governor takes no action on a bill, it
The United Kingdom is one of the leading fishing nations in the world because
True or False: When a country has a market economy the government controls most of the businesses.
In a command economy, who decides what to produce, how to produce, and when to produce?
Opportunity costs exist because:
Opportunity cost is Slide 5 Page 2
Merchandise, commodities for sale or trade; items that you can see or touch is best described as:
The study of economics is best described as:
What is an economic rule stating that if two items satisfy the same need and the price of one rises, people will buy the other?
Merchandise, commodities for sale or trade; items that you can see or touch is best described as:
In general, how many points do snowflakes have?
a financial institution collects funds and invests them in financial assets
A factory makes 100 cars a day. They sell quickly, and dealers have lists of people wanting to buy the car. The factory owner decides to hire more workers and make 150 cars a day. This is an example of
Which of the following is the source of the majority of nitrogen and phosphorus contributing to water quality problems in the U.S. today.
The practice of buying stock, real estate, or other valuables at low prices in order to resell at a higher prices is called..
Use the graphic and your knowledge of economics to answer the following questions. Which of the following accurately completes the graphic above?
Which of the following is not a capital resource that would go into the production of a hamburger:
Which of the following is not a collective good/service:
The study of economics is best described as:
A depression is a severe decline in the GDP that last for two or more years.
The mantra for GRS is ____________________
In a ____, most economic decisions are made by individuals looking out for their own interests.
Which is an example of microeconomics? (There may be more than 1)
Which of the following is not a collective good/service:
An example of an input device is a
Japan has a 100% tariff on sports car imports from the United States. If a sports car costs $80,000.00 in the United States: a) How much would it cost in Japan?and b) Would this increase or decrease U.S. exports to Japan?
Why is it easier to use money than to barter? Check all that are true.
The Government does NOT play a role in the keeping the economy working.
If a farmer increased apple production from 10 cartons to 20 cartons and as a consequence the farmer’s wheat production fell from 10 tonnes to 8 tonnes, the opportunity cost of increasing what production is:
In economics a resource is:
Why do people need to buy and sell products on the market?
Name a different economic system.
When there is inflation in an economy which is ALWAYS true?
A stock is
Which is the most true for the law of demand:
As resources are limited, communities need to look at how to best allocate resources to satisfy the needs and wants of its citizens. This refers to:
Increased lifespan is one of the benefits of economic growth, as well as wages, increased income.
__________________ is when consumers react to an increase in a good’s price by consuming less of one good and more of other goods. An example of this would be choosing a Coke over Pepsi
In the short run a purely competitive firm that seeks to maximize profit will produce:
If a farmer increased apple production from 10 cartons to 20 cartons and as a consequence the farmer’s wheat production fell from 10 tonnes to 8 tonnes, the opportunity cost of increasing what production is:
Which is the most true for the law of demand: