A) Market Economy B) Command Economy C) Mixed Market Economy D) Mixed Economy
A) True B) False
A) True B) False
A) Why will we have an economic system? B) What goods and services will be produced? C) How will goods and services be produced? D) Who will consume the goods and services?
A) % of adults that know how to read and write B) a tax on imports C) money people use to make trade easier D) limited supply of something
A) Market B) Mixed C) Traditional D) Command
A) Russia B) United Kingdom C) France D) Germany
A) there are no tariffs between the countries B) the currency differs from country to country C) there are no entrepreneurs in the EU D) the standard of living is low
A) pound B) euro C) ruble D) dollar
A) Entrepreneurship B) Gross Domestic Product C) Trade Barriers D) Foreign Exchange
A) building a new factory B) building new roads C) buying new computer systems D) education and skills training
A) building a new factory B) buying new computers C) building new roads D) education and skills training
A) an economist B) a geologist C) an entrepreneur D) a banker
A) embargo B) tariff C) import D) export
A) foreign exchange B) capital C) export D) import
A) gas B) coal C) oil D) computers
A) Russia does not have any issues with their natural resources B) Russia has natural resources but the location and the climate make it difficult to gain access to them C) Russia has natural resources but the government will not allow the businesses to access them D) Russia doesn't have any natural resources, they have to import everything
A) Market B) Command C) Domestic D) Traditional
A) Russia B) Greece C) Germany D) United Kingdom
A) tariff B) euro C) embargo D) quota
A) $45 B) $22.50 C) $33.75 D) $67.50
A) No B) Yes
A) Italy B) Russia C) United Kingdom D) Germany
A) Russia's economy isn't suffering. B) For years Russia did not invest in their capital resources. C) The educational system is terrible and nobody knows how to read and write. D) The people in Russia did not want to improve their standard of living. |