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5 Written questions

5 Matching questions

  1. global economy
  2. partnership
  3. In the circular flow, businesses buy resources to -
  4. These act as intermediaries between savers and borrowers
  5. An innovation in technology that contributes to the global flow of information
  1. a Internet
  2. b worldwide markets in which the buying and selling of goods and services by all nations takes place
  3. c form of business organization with two or more owners whi share the risks and the profits
  4. d private financial institutions
  5. e make products

5 Multiple choice questions


  1. purchase products
  2. person who takes a risk to produce goods and services in search of profit
  3. the cost of production
  4. provide public goods and services
  5. a form of business organization that is authorized by law to act as a legal person regardless of the number of owners

5 True/False questions

  1. proprietorshipform of business organization with one owner who takes all the risks and all the profits

          

  2. how do private financial institutions encourage savingby paying interest on deposits

          

  3. Why do Virginia and the United States pursue international trade- 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. In the circular flow, businesses use their profits to -buy more resources

          

  5. types of business ownershipform of business organization with one owner who takes all the risks and all the profits