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5 Written questions

5 Matching questions

  1. how do private financial institutions encourage saving
  2. entrepreneur
  3. Government uses tax revenue to -
  4. In the circular flow, businesses buy resources to -
  5. innovations in technology
  1. a make products
  2. b person who takes a risk to produce goods and services in search of profit
  3. c contribute to the global flow of information, capital, goods and services
  4. d provide public goods and services
  5. e by paying interest on deposits

5 Multiple choice questions

  1. private financial institutions
  2. form of business organization with two or more owners whi share the risks and the profits
  3. - 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
  4. a form of business organization that is authorized by law to act as a legal person regardless of the number of owners
  5. investment

5 True/False questions

  1. global economyworldwide markets in which the buying and selling of goods and services by all nations takes place

          

  2. In the circular flow, individuals use their income to -
    purchase products

          

  3. examples of private financial institutionsby paying interest on deposits

          

  4. using technology lowers -worldwide markets in which the buying and selling of goods and services by all nations takes place

          

  5. An innovation in technology that contributes to the global flow of informationcontribute to the global flow of information, capital, goods and services

          

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