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7 Written questions

6 Multiple choice questions

  1. Money and machines; Cost=interest
  2. Budget of U.S.
  3. buying something less expensive to meet a need
  4. personal budget
  5. Command and Free Market
  6. people who make the product or are involved;
    cost=wage

6 True/False questions

  1. What are the 4 economic questions?Traditional, Command, Free Market, and Mixed

          

  2. limited resourcesmoney

          

  3. Economicsnot being able to purchase what we want

          

  4. InterestBudget of U.S.

          

  5. What are the Factors of Production?Natural Resources, Human Resources, Capital, and Enterpernuership

          

  6. Profitthe difference between what it costs to make the item and what it is sold for

          

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