Lesson 1 (3.0 points) 1. progress to at least two things pecuniary planning could help you do. (0.5 points) Save money and set goals 2. What is trade? (0.5 points) Buying and selling 3. What is a service? (0.5 points) Work through with(p) for somebody else 4. Name one of the three functions of money. (0.5 points) A average exchange, a measure of value, store of value 5. The real commonwealth trade is categorise in which way? (0.5 points) The real farming market is categorized different ways depending on where you ar in the US 6. What is a countrys gross domestic product? (0.5 points) Gross Domestic Product Lesson 2 (3.0 points) 1. What is a market economy? (0.5 points) Economy regulated by market forces 2. Name at least two features of capitalism. (1.0 points) bow Capitalism and corporate Capitalism 3. A business that sells watches that are to a greater extent inexpensive than the watches a competitor sells is using which typeface of arguing? (0.5 points) A Luxury Competition 4. What is a monopoly? (0.5 points) ascertain of market cut 5. What is source?(0.
5 points) The reason for doing something or behaving in a specific way Lesson 3 (3.0 points) 1. What is work as a element of production? (0.5 points) classical economic science 2. What does the Law of Demand say? (0.5 points) All factors are cost 3. What does the honor of supply say? (0.5 points) The quantity of a true supply rises as market prices goes down 4. What is elasticity? (0.5 points) intercourse change in economic 5. What d oes tangible mean? (0.5 points) undecided ! of being touched 6. What is capital as a factor of production? (0.5 points) Human CapitalIf you want to shrink a plenteous essay, order it on our website:
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