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5 Written Questions

5 Matching Questions

  1. demand deposits
  2. trade barriers
  3. embargo
  4. standard work day
  5. variable expenses
  1. a governments use to limit competition from other countries (to keep foreign trade out)
  2. b 40 regular hours a week
  3. c another name for checking accounts
  4. d when the government decides to stop an import or export of a product
  5. e expenses that fluctuate and over which you have some control, such as food and entertainment

5 Multiple Choice Questions

  1. no limits on trade
  2. communism, the state makes all the economic decisions
  3. is a debt investment in which an investor loans a certain amount of money, for a certain amount of time, with a certain interest rate, to a company. It is issued by the national government in the country's own currency.
  4. provides a common measure of the value of goods and services being exchanged
  5. when you write a check for more money than there is in your checking account

5 True/False Questions

  1. code of ethicsset of strict guidelines for maintaining ethics in the workplace

          

  2. Retailergovernment or business income

          

  3. equilibrium pricethe price at which the amount supplied and the amount demanded meet

          

  4. exchange ratethe price at which one currency can buy another currency

          

  5. capitalisma tax placed on imports to inrease their price in the domestic market

          

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