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5 Written questions

5 Multiple choice questions

  1. Those things which make our lives more comfortable but are not needed for survival
  2. arrangement for deferred payment for goods and services
  3. we rely on others, and others rely on us, to provide the goods and services that we consume
  4. required payments to government
  5. money or goods or services owed by one person to another

5 True/False questions

  1. tarifftax on imported goods

          

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

          

  3. servicessomeone who manufactures something

          

  4. producersomeone who manufactures something

          

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