Question 1 of 25
Hints left: 3
Q1
Which is an example of investing in human capital?
Q2
What was the proportion of employment in industries in 2011-12?
Q3
What are some public services that are supported/paid for with money earned from taxes (select three)?
Q4
In a command economy, who usually owns the farms and factories?
Q5
Which type of economic system has the highest level of government control?
Q6
Which statement about the factors of production is correct?
Q7
The price for margarine (a butter substitute) goes down. The demand curve for butter will do what?
Q8
to accuse a public official of misconduct in office
Q9
How has technology changed the way people do business?
Q10
___is calculated by output per worker per period of time.
Q11
Because we face scarcity, we must make
Q13
Julie wants to earn
Q14
The taxing and spending policies of the president and Congress are known as
Q15
Inflation in excess of 500 percent per year is called
Q16
Which type of economy is found in the United States?
Q17
If the price for Coke goes up significantly, the demand for Pepsi will likely do what?
Q18
type of elasticity when a price adjustment causes a large quantity change
Q19
Inflation is to be combated the RBI
Q20
In a market economy, prices of goods and services are kept fixed
Q21
A farmer is a ___ because they grow food to sell.
Q22
What does it mean when an economy has a commodity monetary standard?
Q23
What kind of tax is the federal income tax?
Q24
What is the primary way banks make their profit?
Q25
The image above is a diagram of: