Please check my answers. Thank you!
The amount of goods and services that people want to buy.
Question 2 (Multiple Choice Worth 10 points)
Knowledge and tools that enable us to do new tasks more efficiently are knows as _____.
Question 3 (Multiple Choice Worth 10 points)
A _____ is a person who is paid a fee for professional or technical advice or opinions. This person is often hired by companies to observe business practices and make recommendations to improve performance or to provide a service.
Please check my answers please. Thank you! 1. The U.S. economy is a free enterprise system. True* False 2. Work you do for pay is called a _____. service industry diverse workforce job* volunteer job 3. When there are many people
How is money used as a store value? A. People use money to buy productive resources to make goods and services. B. People agree that money has value to purchase needed goods and services. C. People compare the value of different
What two types of money are commonly used in the U.S today? silver and gold coins and paper currency*** weighted and weighted coins goods and services How is money used as a store of value? People use money to buy productive
Which phrase best defines "consumer?" a. someone who makes goods and services to meet their needs. b. someone who trades for goods and services to make money. c. someone who uses goods and services to meet their needs. d. someone
Can someone please check if my answers are correct? 21. How do people survive living in harsh enviroments such as the desert? a. by adapting and making changes to their enviroment b. by moving to more hospitable areas c. by not
All I kind of know is that, the government controls the Command economies, they direct people on what to produce and what not. In the command economy what goods and services should be produced? I didn't really understand this, so
What is the most likely result of incomes not rising as quickly as inflation? A. People are able to buy fewer goods and services. B. The unemployment rate rises as more people look for jobs. C. Many people decide to leave the
What is one benefit of trade? Prices go up for luxury goods from abroad. People have access to more goods and services. Workers may make goods to be sold in other countries Consumers can choose to buy goods made closer to home Is
What is the main advantage of using money instead of bartering? A. Many more people today use money than bartering to get goods and services. B. Not all countries use the same types of money in their economies. C. Money comes in
Only final goods and services are included in the calculation of GDP: because only final goods and services have measurable value to make GDP simpler to determine because final goods and services are taxed while intermediate goods