Explain the major difference between goods and services. Give 2 examples of each. goods 1. apples 2. oranges services 1. valet parking 2. housekeeping think about it

66,127 results
  1. History

    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 seeking the same job, this

  2. Social Studies

    Which statement best describes a command economy? (A) Technology remains limited to the use of simple tools. (B) Trade is limited to only the bartering of goods and services. (C) Farming, hunting, and gathering methods change little over time. (D) The

  3. science

    The three major global used of fresh water are A.manufacturing goods, wastewater disposal, and irrigation B. drinking, bathing, and growing crops C.drinking, manufacturing goods, and generating power D.residential, agricultural, and industrial uses

  4. SOCIAL STUDIES (CHECK answer)

    18, How would Clays American System with high tariffs on imported goods have benefited the west and south? He expected that money from tariffs would be used to help farmers ship their goods to the north He expected that Northerners would use their profits

  5. social studies

    Which of the following are the basic economic questions? Select all that apply. A. Where should goods be produced? B. How should goods be produced? C. What goods are produced? D. Which resources can be used for goods? E. Who receives the produced goods? F.

  6. eco

    Most countries, including the United States, import substantial amounts of goods and services from other countries. Yet there's also saying that a nation can enjoy a high standard of living only if it can produce a large quantity of goods and services

  7. Economics

    1. An economy's production possibilities frontier is also its consumption possibilities frontier. a. under all circumstances b. under no circumstances c. when the economy is self-sufficient d. when the rate of tradeoff between the two goods being produced

  8. Language arts

    Kid territory: why do we need zoos? why did rich sultans and emperors "collect" animals? They wanted to sell them to make money They wanted to prove their wealth and power They traded these animals for other goods and services They used their fur to make

  9. Social Studies

    1) How does money differ from barter? A: Money is mostly important as a way to get goods and services B: Money is used to exchange goods and services C: Money has value only because people agree that it does **** D: Money has been used for thousands of

  10. Principles of Business

    The term 'human resources' refers to: (A)persons available for productive and professional services (B)raw materials used in the manufacture of goods (C)materials and goods made by human beings (D)capital invested by shareholders in company

  11. history

    How was commerce changed in North America during the Clinton administration? NAFTA allowed for the free movement of citizens of all three countries throughout North America. NAFTA created incentives for North American businesses to move overseas due to the

  12. history SUE HELP MEEEE

    In The Wealth of Nations, Adam Smith mentions that very good grapes could be grown in Scotland. However, growing high quality grapes in Scotland would be about 30 times as expensive as purchasing grapes from foreign countries. Some nations are better than

  13. Economics

    The circular flow of economic activity can be summed up as: A. households earn money by selling their factors of production to firms in the factor market and use that money to buy goods and services from firms in the product market. B. firms earn money by

  14. U.S. Government and Economics

    I need two examples of someone being a producer I know producers produce goods and services, but I can't think of any examples. Help plz.

  15. social studies

    which of the following goods or services in an import in the united states A. apples are grown on a farm in Vermont B. kitchenware purchased online from China C. software created in California and used in Chicago *** D. technical service to a customer in

  16. Technology

    is there anything i should add to my answer: 1. List the four major categories of technology and give one positive example of each one in your life. (im not sure if these are the four categories:) The four major categories of technology are communication

  17. social studies

    How has the elimination of trade barriers affected the movement of goods among member countries of the European Union? A. Member countries are able to produce all the goods they need. B. Goods can move freely among member countries. C. Member countries no

  18. Economics

    While the balance of trade is the difference between the monetary value of exports and imports, the balance of payments A) counts only goods. B) counts only services. C) counts goods and the financial transactions between countries. D) counts goods,

  19. Economics

    You should start a new post instead of adding on to an existing post. That said, I would go with A Which of the following statements is true?? A) The value of a good may change over time. B)A highly valued good is always more expensive than a lesser valued

  20. Economics

    Are chickens and and cows examples of capital goods? Capital goods are items used in the creation of other goods. Because chickens create eggs and cows make milk, are they consumer goods?

  21. Social Studies

    People engage in trade mostly in order to _______ a. have access to a variety of goods (?) b. encourage specialization in the economy c. raise labor productivity at businesses d. set prices for goods and services most efficiently Which of these is a result

  22. marketing

    consumer services tend to be intangible, and goods tend to be tangible. Can you give me an example to explain how the lack of a physical good in a pure service might affect efforts to promote the service? Consumer services often have no physically viewable

  23. economics

    give examples of normal and inferior goods---> what are the similarities and the differences between the 2 groups?

  24. Economis

    Name some goods that were at one time free goods are now economic goods?

  25. social studies

    How has the elimination of trade barriers affected the movement of goods among member countries of the European Union? A. Member countries are able to produce all the goods they need. B. Goods can move freely among member countries. C. Member countries no

  26. Economics

    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 and services are not to

  27. Economics

    How does the expenditure approach calculate GDP? ____________________________________ A. It adds up all the incomes in the economy.***** B. It adds up the value of four groups of final goods and services. C. It adds up the value of business goods and

  28. Economics

    All goods and services are scarce because A. some goods cost more than others. B. resources are limited. C. things are either needs or wants. D. greedy people want too many goods. B?

  29. social studies

    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 goods and services by their

  30. social studies

    Which of the following is one way in which an embargo differs from a tariff? A. It allows for free trade of goods. B. It limits the taxes placed on foreign goods. C. It bans all importation of foreign goods. (MY ANSWER) D. It increases the price of foreign

  31. Social Studies

    1) Which of the following BEST describes the Southern attitude toward goods and supplies at the beginning of the Civil War? A:they believed they could get necessary goods from mexico B:they believed they needed to develop factories*** C:they believed they

  32. Economics

    Due to an increase in her rent, Isa needs to cut back her spending on other items. Which of the following types of goods will Isa consume less of? A. substitutes B. normal goods C. inferior goods D. complements

  33. ECONOMICS PLEASE PLEASE HELP!!

    Lots of folks these days believe that CO2 emissions generated by human actions --- notably production of goods and services --- are causing climate change, more specifically, global warming. For the sake of dialectic discussion, let's suppose that claim is

  34. Anthropology

    Redistribution involves: (Points : 1) the exchange of goods between people already associated with each other. the systematic movement of wealth toward an administrative center and its reallocation by authorities. the exchange of goods at prices. the

  35. Economics

    Compensation of employees $194.2 US exports of goods and services 17.8 Consumption of fixed capital (depreciation) 11.8 Government purchases 59.4 Taxes on production and imports 14.4 Gross private domestic investment 63.9 Transfer payments 13.9 US imports

  36. Religion

    1. What three actions we are commanded to do by the seventh commandment? from http://www.vatican.va/archive/catechism/p3s2c2a7.htm "THE SEVENTH COMMANDMENT You shall not steal. The seventh commandment forbids unjustly taking or keeping the goods of one's

  37. Economics

    Which of the following is a summary of the three key economic questions? A. Who will buy which goods and services,and how much will they pay? B. How, when, and from whom should consumers get what they want? C. When, where, and by whom should goods and

  38. Economics

    I learned that price level is the weighted average of prices of all goods and services in an economy. Does weighted mean that certain goods and service have different weight (in other words importance)than other goods and services like chewing gum having

  39. Civics

    In The Wealth of Nations, Adam Smith mentions that very good grapes could be grown in Scotland. However, growing high quality grapdes in Scotland would be about 30 times as expensive as purchasing grapes from foreign countries. Some nations are better than

  40. SS

    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 many different values to

  41. Geography

    Which of the following is one way in which an embargo differs from a tariff? A. It allows for free trade of goods. B. It limits the taxes placed on foreign goods. C. It bans all importation of foreign goods. D. It increases the price of foreign goods.

  42. Economic

    1) GDP does not include intermediate goods because a. that would understate the true size of GDP. b. intermediate goods are not useful to consumers. c. that would count the value of intermediate goods twice. d. intermediate goods are not valuable. 2) The

  43. Economics

    GNP accounts avoid double counting by including only the value of final goods services sold on the market. Should the measure of imports used in the GNP accounts therefore be defined to include only imports of final goods & services from abroad? What about

  44. micro economics

    how to draw a diagram of production possibility when the table is bundle of out put capital goods consumer goods a 0 78 b 20 68 c 38 56 d 53 34 e 67 22 f 88 0 when the consumer goods are on vertical b) what will be the opportunity cost of producing only

  45. History

    Which of the following best describes the Southern attitude towards goods and supplies at the beginning of the Civil War? A:They believed they could get necessary goods from Mexico. B: They believed they needed to develop their factories. C: They believed

  46. Math

    A basket of goods and services representative of the CPI cost $2750 when the CPI stood at 118.3. What did the basket of goods cost 10 years earlier, when the CPI was at 93.1? What was the overall percent inflation experienced by consumers for the entire

  47. Accounting 9

    The following information is available for Baker Industries: Cost of goods manufactured $320,000 Beginning finished goods inventory $45,000 Ending finished goods inventory $35,000 Compute the cost of goods sold.

  48. social studies

    Australia and several other countries have free trade agreements. This means that they A. charge a tax on imported goods. B. are allowed to trade with each other. C. exchange goods without restrictions. D. ship goods between countries at no cost.

  49. goods and services

    Explain the major difference between goods and services. Give 2 examples of each. goods 1. apples 2. oranges services 1. valet parking 2. housekeeping think about it

  50. SS

    A producer's primary job is: a) making goods and providing services. b) trading goods and services c) selling goods and services d) buying goods and services Is it c?

  51. Social Studies

    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 who buys and sells goods

  52. Health and human services

    Nine major forms of benefits/services in the U.S. social welfare system? Choose three out of the nine major forms of benefits/services in the U.S. social welfare system for each of the three; give an example of when you believe that benefit or service

  53. Social Studies

    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 it the third one?

  54. economics

    How does the expenditure approach calculate GDP? A. It adds up all the incomes in the economy. B. It adds up the value of four groups of final goods and services. C. It adds up the value of business goods and services. D. It adds up the value of consumer

  55. Free Market Enterprise

    This economy focuses on Competition. What goods and services should be produced? Electronic gadgets, Clothing, accessories, perfumes, vehicles, Spa treatment, Cellphone, toothpaste, chocolate milk. How should these goods and services be produced?

  56. Economics

    How does the expenditure approach calculate GDP? ____________________________________ A. It adds up all the incomes in the economy. B. It adds up the value of four groups of final goods and services. C. It adds up the value of business goods and services.

  57. Command Economies

    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 I wrote down...Shoes,

  58. microeconomics

    If the price of oil falls below $50 per barrel, then the supply of the goods and services whose poduction involves a lot of oil will increase. The incresase in supply will cause the prices for these goods and services to fall. True, False or Uncertain.

  59. Social Studies

    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 resources to make goods and

  60. sociology

    The question about who has the right to vote is a matter of ______________ justice. (Points : 1) Retributive Distributive Transformative Corrective My answer retributive Which of the following is a matter of controversy for egalitarians? (Points : 1)

  61. Social Studies

    Give examples of how one price change can lead to other goods and services to change prices.

  62. Math

    Information from a survey on 175 persons about the goods, services and prices of a supermarket is as follows: 110 persons complained about the prices 67 persons complained about the services 55 persons complained about the goods 20 persons complained about

  63. Social Studies

    Which statement best describes a command economy? Technology remains limited to the use of simple tools. Trade is limited to only the bartering of goods and services. Farming, hunting, and gathering methods change little over time. The government sets

  64. Economics

    Suppose that your state raises its sales tax from 5 percent to 6 percent. The state revenue commissioner forecasts a 20 percent increase in sales tax revenue. Is this plausible? Explain. I would think not, because wouldn't the increase in sales tax shut

  65. Economics

    Suppose that your state raises its sales tax from 5 percent to 6 percent. The state revenue commissioner forecasts a 20 percent increase in sales tax revenue. Is this plausible? Explain. I would think not, because wouldn't the increase in sales tax shut

  66. Social Studies

    Hi, I need help on a test. One of the questions I need help on is: "Gross Domestic Product, or GDP, is best defined as-- A. Money paid to the government in taxes to support public goods and services, B. The value of all goods and services produced within

  67. SS

    Suppose that people in your community voted to eliminate all taxes. Which of these goods and services would most likely disappear? A. interstate highway maintenance B. neighborhood trash pickup C. regional military base D. grocery store parking lots B What

  68. MARKETING!!

    PLEASE HELP ME MATCH THE FOLLOWING... 1.standard of living 2. economies of scale 3. division of labor. 4. gross domestic product 5. investment. 6. diminisihing returns 7. infrastructure. 8. production 9. productivity 10. technology. a. value of final goods

  69. Social Studies

    1) How does money differ from barter? A: Money is mostly important as a way to get goods and services B: Money is used to exchange goods and services C: Money has value only because people agree that it does **** D: Money has been used for thousands of

  70. Mirco economics

    Why does trade of any type take place? Illustrate your answer by reference to each of the following: 1. Market exchange in which price is determined by Demand and supply. (refer in your answer to producer and consumer surplus) 2. Exchange between two

  71. Econ

    Do people living in countries with higher real GDP necessarily have better living standards compared to countries with relatively lower GDP? Give practical example. 2. What measures would better compare the well-being (living standard) for residents of

  72. economics

    If someone could help me with this question, that would really help. I'm just not sure what the formula would be? Suppose a market basket of goods and services includes the goods for two successive years. According to the table, between the years 2012 and

  73. business

    A nonprofit organization does not issue stock shares or distribute its extra funds to owners or shareholders. If all businesses were required to operate as nonprofit organizations, how might that hurt a free market economy? A. People would be less likely

  74. Micro Econ

    Some texts define a "luxury good" as a good for which the income elasticity of demand is greater than 1. Suppose that a consumer purchases only two goods. Can both goods be luxury goods? Explain

  75. Accounting

    The Major Issue in inventory accounting is: A. determining whether to take inventory using cycle counts as opposed to counting all inventory only at the end of the year. B. deciding whether to maintain records on a periodic or perpetual basis. C.

  76. Social Studies

    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 labor force. D. Consumers buy

  77. Econ

    Total value of all assets in US YEAR ...total value of all final services in US ...total value of all final goods in US ...final goods and services produced by American firms in other countries ^ If I knew everything above, how would I calculate the GDP

  78. Economic

    can someone give an example of a good or service that has provided additional goods or services to society?

  79. college

    define"common goods, public goods, private goods, and natural monopolies"

  80. History

    Yes or no. To have a favorable balance of trade, a country must sell fewer goods to other countries than it buys from other countries. Yes or no.Money is an example of an capital resource. Yes or no.In our economic system, people receive wages for

  81. Geography

    Identify the goods produced in colonial Georgia and explain how these goods contributed to mercantilism.

  82. Mathematics

    The cost of producing goods is partly constant and partly varies as the number of goods produced.If 100 and 50 goods cost 65.00 and 285.00 respectively,find the cost of 200 goods

  83. Social Studies

    What is allocation by need? A. pricing goods based on want rather than need B. giving or selling goods only to people who most need them C. giving or selling goods to whoever will stand in line the longest D. pricing goods so that even the most vulnerable

  84. social studies

    what is allocation by need? A)pricing goods based on want rather than need. B)giving or selling goods only to people who most need them. C) giving or selling goods to whoever will stand in line the longest D) pricing goods so that even the most vulnerable

  85. social studies

    What is allocation by need? A. pricing goods based on want rather than need B. giving or selling goods only to people who most need them C. giving or selling goods to whoever will stand in line the longest D. pricing goods so that even the most vulnerable

  86. economics

    Explain how the price system determines how goods and services are distribed in the United States??

  87. Civics

    Suppose the Federal Reserve raises interest rates. Which of the following predicts the most likely results? A. The money supply will decrease, meaning that banks will give fewer loans and prices for goods and services will fall. B. The money supply will

  88. Civics

    Suppose the Federal Reserve raises interest rates. Which of the following predicts the most likely results? A. The money supply will decrease, meaning that banks will give fewer loans and prices for goods and services will fall. B. The money supply will

  89. History

    I cannot find this answer anywhere in my text. If anyone could help I would greatly appreciate it! 1. Which of the following best describes the Southern attitude toward goods and supplies at the beginning of the Civil War? a. They believed they could get

  90. Economics

    Why is it that the people responsible for pensions use the CPI as an indicator for inflation rather than the GDP deflator? Why is the CPI better? what is rconimics I believe the biggest reason is the base for each measures. CPI measures the weighted

  91. geography

    what are the goods & services of each state? The commerce? please see: http://www.commerce.gov/ AND http://cl.idaho.gov/DNN/Default.aspx?alias=cl.idaho.gov/dnn/idcl Goods of each state usually refer to the agricultural or manufactured products (like wheat,

  92. Eonomics

    How do you think the Demand and Supply patterns have changed in the United states since 2008 when the recession started? I think the recession of 2008 decreased the demand of many goods especially the "Normal" goods in the country as a result the prices of

  93. Social Studies

    Explain the economy of China. Include goods and services, resources, trade, and division of labor. no wikipedia

  94. economics

    Identify similarities and differences between common goods, public goods, private goods, and natural monopolies. Provide an example of each type of good and justify your answers. Discuss possible positive or negative externalities associated with each

  95. business law

    Goods versus Services. Fred and Zuma Palermo contacted Colorado Carpet Installation, Inc., for a price quotation on providing and installing new carpeting and tiling in their home. In response, Colorado Carpet submitted a written proposal to provide and

  96. Accounting 9

    The following information is available for Baker Industries: Cost of goods manufactured $320,000 Beginning finished goods inventory $45,000 Ending finished goods inventory $35,000 Compute the cost of goods sold.

  97. Accounting 9

    The following information is available for Baker Industries: Cost of goods manufactured $320,000 Beginning finished goods inventory $45,000 Ending finished goods inventory $35,000 Compute the cost of goods sold.

  98. history

    can i please get some help with this what were two major components of Ronald Reagan's economic plan? a. expanding the government and reducing competition b. increasing the demand for goods and cutting the supply of goods c. encouraging business growth and

  99. Macroeconomics

    Can someone check this for me? 1. Where in the US National Income and Product Accounts and the circular flow of expenditure and income do new home sales appear? ANSWER: I said they appear with money going from the households to the goods and services

  100. Economics

    Using the concept of opportunity cost, explain why in developed countries with higher average incomes there is more support for costly environmental controls (which raise goods on goods) than in poorer countries.

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