If someone does something simply for the enjoyment of it, which of the following would best describe what that person is influenced by?(1 point)
Responses
A consumer
A consumer
A negative incentive
A negative incentive
A behavior
A behavior
A non-monetary incentive
A non-monetary incentive
Which word is used when an entrepreneur earns more money than it costs to make products?(1 point)
Responses
Capital
Capital
Labor
Labor
Profit
Profit
Service
Profit
Which two inventions or discoveries happened during the Second Industrial Revolution?(1 point)
Responses
Cars and airplanes
Cars and airplanes
Electricity and cars
Electricity and cars
Trains and electricity
Trains and electricity
Trains and cars
Trains and cars
Trains and electricity
Why is it important for the government to control how much money is in circulation?(1 point)
Responses
It is important to protect the value of the currency.
It is important to protect the value of the currency.
It is important to make currency easy to carry.
It is important to make currency easy to carry.
It is important to make currency easy to divide.
It is important to make currency easy to divide.
It is important to have the money backed by the gold standard.
It is important to have the money backed by the gold standard.
It is important to protect the value of the currency.
Which word describes what happens when you give or sell one item and get another item?(1 point)
Responses
Import
Import
Export
Export
Deflation
Deflation
Trade
Trade
Trade
What usually discourages people from spending money?(1 point)
Responses
inflation
inflation
exports
exports
banks
banks
trade
trade