Miscellaneous Quiz / Mrs. Short's Intro Exam Review

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Can you name the Mrs. Short's Intro Exam Review

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HintAnswer
Things required for survival
Something tangible customers purchase
Means through which goods are produced
The basic economic problem
Right to own, use, and dispose of things of value
The United States' economic system
Worker, citizen, and consumer
What producers are able to provide at a given price
This factor keeps prices at a reasonable level
Total value of all final goods and services produced in one year
Condition where the business cycle is at its high point
Sustained increase in the general level of prices
Business that converts natural resources into consumer goods
HintAnswer
Business that moves goods from producer to consumer
2/3 of all U.S. businesses are organized like this
Part owners in a corporation
Part of the profits paid to shareholders
Parent company of a franchise
Goods/services we sell to other countries
Value of one currency compared to another
Stops the import/export of a product
agreement to exchange goods for something of value
protects inventions for 17 years
stores that emphasize lower prices on their products
When a country exports more than it imports

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