Econ Activities/Incentives/Supply-Demand/Prices
Quiz by Debra Baas
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5 questions
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- Q1Which of the following is an economic activity:reading a bank statementbalancing a checkbookfollowing the stock marketpurchasing a candy bar30s
- Q2In some states, it is against the law to sell alcohol on Sundays. This law was created to honor the Christian religious belief that Sunday is a special day of rest. This is an example of culture impacting the __________ of goods.packagingpricingproductiondistribution30s
- Q3Which of the following is a NEGATIVE economic INCENTIVE:high taxes on cigarettesA 1% decrease in city taxes for residents who recycletax reductions on fuel-efficient carsFree flu shots for all citizens30s
- Q4The amount of a product that is produced is most directly affected byproduct valuelabor unionsconsumer demandproduct utility30s
- Q5The market's way of rationing limited resources, goods, and services to consumers in a market economy is throughcommissionsincentivesprofitprices30s