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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. goods and services that one country sells to another country
  3. system by which goods and services are produced and distributed to meet people's needs
  4. things that are bought and sold
  5. Intangible products such as education, health care, insurance, recreation, and travel and tourism

5 True/False questions

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

          

  2. basic needsrequired payments to government

          

  3. debtmoney or goods or services owed by one person to another

          

  4. economicsthe study of how people seek to satisfy their needs and wants by making choices

          

  5. creditmoney or goods or services owed by one person to another

          

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