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of 15 available terms

5 Written Questions

5 Multiple Choice Questions

  1. we rely on others, and others rely on us, to provide the goods and services that we consume
  2. things that are bought and sold
  3. These are the things people cannot live without, such as food, clothing, and shelter.
  4. a person who uses goods or services
  5. required payments to government

5 True/False Questions

  1. distributionmoney or goods or services owed by one person to another


  2. economythe study of how people seek to satisfy their needs and wants by making choices


  3. debtarrangement for deferred payment for goods and services


  4. tarifftax on imported goods


  5. wantsThose things which make our lives more comfortable but are not needed for survival


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