7 Written questions
6 Multiple choice questions
- Micro and Macro
- people who make the product or are involved;
- not being able to purchase what we want
- 1. What will I make?
2. How will I make it?
3. Who gets to buy it?
4. How am I going to distribute my item?
- personal budget
6 True/False questions
Economics → not being able to purchase what we want
What are the Factors of Production? → Natural Resources, Human Resources, Capital, and Enterpernuership
Trade-Off → buying something less expensive to meet a need
Macro → Budget of U.S.
Natural Resources → people who make the product or are involved;
Profit → personal budget