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5 Written questions

5 Matching questions

  1. Government uses tax revenue to -
  2. corporation
  3. global economy
  4. innovations in technology
  5. In the circular flow, individuals use their income to -
  1. a worldwide markets in which the buying and selling of goods and services by all nations takes place
  2. b contribute to the global flow of information, capital, goods and services
  3. c provide public goods and services
  4. d a form of business organization that is authorized by law to act as a legal person regardless of the number of owners
  5. e
    purchase products

5 Multiple choice questions

  1. resources

  2. - banks
    - savings and loans
    - credit unions

  3. to increase wealth
  4. private financial institutions
  5. the cost of production

5 True/False questions

  1. In the circular flow, businesses buy resources to -buy more resources

          

  2. In the circular flow, businesses use their profits to -buy more resources

          

  3. partnershipform of business organization with two or more owners whi share the risks and the profits

          

  4. entrepreneurform of business organization with two or more owners whi share the risks and the profits

          

  5. why states and nations trade- to obtain goods and services they cannot produce
    - to obtain goods and services they cannot produce efficiently
    - to seel goods and services
    - to create jobs

          

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