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5 Written questions

5 Matching questions

  1. public property
  2. PRC
  3. ross perot
  4. surplus value
  5. free rider
  1. a any good that is owned by the government
  2. b the difference between the total value of production and the subsistence wages paid to workers
  3. c Performance Review Commitee
  4. d a person who receives the benefits of a good without paying for it
  5. e who ran for president (I) in 1992?

5 Multiple choice questions

  1. Inter Continental Ballistic Missile
  2. the amount of money left over after all the costs of production have been paid
  3. An effort/experiment created to understand why people are bad
  4. name for little factory (in spanish)
  5. an economic unit of one person or more that sells resources and buys goods and services

5 True/False questions

  1. private gooda good of which one person's consumption takes away from another person's consumption

          

  2. Steve Jobswho is the head of Apple?

          

  3. positive externalitya beneficial side effect of an action that is felt by others

          

  4. labor theory of valuethe difference between the total value of production and the subsistence wages paid to workers

          

  5. offshoringa sense of how the world works

          

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