Final Extra Credit
Quiz by ChoungSung Chung
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20 questions
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- Q1Natural Resouce (NOT)WaterSkillSoilAnimals30s
- Q2We usually haveunlimited laborunlimited demandunlimited resourceunlimited supply30s
- Q3Renewable resources (NOT)always availablecannot be replacedwaterregenerated30s
- Q4capitalismmarket economycommand economytraditional economymixed economy30s
- Q5Communismmarket economymixed economytraditional economycommand economy30s
- Q6Private & government-ownedtraditional economymixed economycommand economymarket economy30s
- Q7factories (factors of production)LandCapitalEntrepreneursLabor30s
- Q8people's abilitiesCapitalEntrepreneursLandLabor30s
- Q9bankingtertiary sectorindustrial sectorprimary sectorsecondary sector30s
- Q10miningprimary sectorindustrial sectorsecondary sectortertiary sector30s
- Q11national income divided by the number of peopleStandard of livingGDPSustainable growthPer capita30s
- Q12total dollar of all things in a countryGDPStandard of livingPer capitaSustainable growth30s
- Q13Business maintain without borrowing moneyGDPPer capitaSustainable growthStandard of living30s
- Q14Quota =tradetaxlimitcost30s
- Q15the purpose of tariffprotect domestic productsell home goodsbuy foreign goodsto trade with other countries30s