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