Which of the following is a feature of a good budget?
A.
money reserved for saving
B.
income that is less than its expenses
C.
high use of credit
D.
economic incentives
Which type of economic system has the highest level of government control?
A.
traditional economy
B.
market economy
C.
command economy
D.
mixed economy
6 answers
Someone will check your answers if you post them. =)
Which of the following is a feature of a good budget?
Correct answer A.
money reserved for saving
B.
income that is less than its expenses
C.
high use of credit
D.
economic incentives
When supply decreases and demand increases, what happens to the price of a good?
Correct answer A.
it increases
B.
it stays the same
C.
it decreases
D.
it is unaffected
Use the drop-down menu to complete the sentence.
Increased competition between producers of a good may lead to (correct answer)-a decrease in profit.
Which type of economic system has the highest level of government control?
A.
traditional economy
B.
market economy
correct answer C.
command economy
D.
mixed economy
How does opportunity cost affect people's wants and needs?
A.
It changes the supply and demand of goods.
Correct answer B.
It requires them to make a choice.
C.
It requires them to be producers and consumers.
D.
Opportunity cost does not impact wants and needs.
Correct answer A.
money reserved for saving
B.
income that is less than its expenses
C.
high use of credit
D.
economic incentives
When supply decreases and demand increases, what happens to the price of a good?
Correct answer A.
it increases
B.
it stays the same
C.
it decreases
D.
it is unaffected
Use the drop-down menu to complete the sentence.
Increased competition between producers of a good may lead to (correct answer)-a decrease in profit.
Which type of economic system has the highest level of government control?
A.
traditional economy
B.
market economy
correct answer C.
command economy
D.
mixed economy
How does opportunity cost affect people's wants and needs?
A.
It changes the supply and demand of goods.
Correct answer B.
It requires them to make a choice.
C.
It requires them to be producers and consumers.
D.
Opportunity cost does not impact wants and needs.
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Which type of economic system has the highest level of government control?
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really need you guys help
1 answer