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5 Written Questions

5 Matching Questions

  1. demand
  2. Target Marketing
  3. wages
  4. overdraft protection
  5. transfer payments
  1. a any payment made by a government for a purpose other than that of purchasing goods or services, as for welfare benefits.
  2. b a prearranged line of credit for overdrawn checks
  3. c money that is paid or received for work or services, as by the hour, day, or week.
  4. d the amount or quantity of goods and services that consumers are willing to buy at various prices
  5. e Businesses perform detailed research on markets to find and analyze potential customers in their market

5 Multiple Choice Questions

  1. like using a credit card but money is deducted directly from a checking account rather than a credit account
  2. The four elements of marketing - product, place, price and promotion
  3. builds and sustains a market economy
  4. state governments focus on business within each state
  5. expenses are greater than revenue

5 True/False Questions

  1. strong commandsocialism, there is some form of private enterprise


  2. importsgoods and services that a country buys from another country


  3. gross paytotal pay before any deductions are subtracted


  4. contracta legal agreement between two or more parties to conduct business


  5. hourly wageamount earned for each hour worked


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