- Title : Wizer.me Free Interactive Economics, Blended Worksheet Saving ... economics worksheets in Common Worksheets category
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i missed a few days of school because there was a death in the family, and now that i am back i am having a hard time catching back up. can someone help me out with this worksheet? and can you tell me if i am right so far? thanks! http://i991.photobucket.com/albums/af34/bordeaux2010/shauna12.jpg my teacher tried to explain it to me but i didnt quite get it and it's an ap class so it's fast pace, so i really need to get this down. i don't understand how you find out what the oppurtunity cost is thank you soooo much! i really appreciate it! =]help on economics worksheet, please ?
we got a wrksht, and we're expected to answer it after briefly going over the terms and stuff here's the wrksht she wants us to answer: -what are the opportunity costs of attending college? in 2000 nearly 80 percent of college-educated americans held jobs, whereas only about 40 percent of those who did not finish high school have jobs. how might this difference relate to opportunity costs? -comment on the following statement from a newspaper article "our junior high school serves a spelndid hot meal for $1 without costing the taxpayers anything, thanks in part to a gavernment subsidy?" -due to the recent war in iraq, what groups of people are incurring the largest opportunity costs? why? -why does scarcity cause major world problems? explain a real-world problem caused by a scarcity of resources. -would the production possibilities curve change if the majority of the workforce did not have the skills needed to produce pizzas of robots? how would it change?is there anyplace that has economics worksheet already done?
im currently enrolled at a school that does strictly packet work and am wondering if there is a site that has econ. worksheets in general on them already donei am desperate for help! please do help me! economics worksheet 10 points!?
1.) scarcity is defined as: not having sufficient resources to produce enough to fulfill unlimited subjective wants. not having sufficient resources to fulfill limited subjective wants. having sufficient resources to fulfill unlimited subjective wants. having sufficient resources to fulfill limited subjective wants. 2.) a ______ is a market where price is determined by the unregulated interchange of supply and demand. this is in contrast to a _______ where supply, demand, and price are set directly by government. open market, controlled market free market, controlled market open market, closed market free market, closed market 3.) ______ is the direct exchange of goods or services without the use of money. consumerism barter economy retail 4.) which of the following is not one of money's main uses? medium of exchange unit of account measure of worth store of wealth 5.) the main economic goals of nearly all nations are to promote: economic stability and high employment with a minimum increase in prices. economic growth and high employment with a minimum increase in prices. economic stability and low employment with a maximum increase in prices. economic growth and high employment with a maximum increase in prices. 6.) a recession is usually defined in macroeconomics as: a fall of a country's real gross domestic product (gdp) in two or more successive quarters of a year. a fall of a country's real gdp in two or more successive years. a general drop in the real gdp. a severe depression. 7.) when the price of oranges rises, it is very likely because the number of oranges demanded at the existing price _____ the number of oranges actually available. is greater than is less than is equal to not enough information 8.) the hope for profits and the threat of losses is what forces a business owner in a capitalist economy to produce at the lowest cost and sell what the customers are most willing to pay for. this is an example of: supply and demand economic growth the downfall of capitalism profits as incentives 9.) whether we look at laws, prophetic teachings, psalms; or the gospel of jesus, we find the constantly reiterated conviction that all oppression, including economic oppression, is _____ the divine will. contrary to accepted as caused by not enough information 10.) which of the following is not a type of economy? capitalist socialist consumerist feudal 11.) which of the following is not one of three economic commands given by god? the price of land must be fixed. water must be communal. there must be restrictions put on interest. profit on food must be forbidden. 12.) when large supplies of an item are made, the item's cost will go _____. when very few supplies of the item are made, the price will go _____. when the demand of an item is _____, the price rises. when the demand of an item is _____, the price will go down. down, up, high, low up, down, high, low down, up, low, high up, down, low, high 13.) which of the following is a tragic effect of unemployment? wife and child abuse increase. divorce rates go up. street crime flourishes. all of the above. 14.) economics is the study of: the use of alternative resources which have multiple uses. the use of available resources which have multiple uses. the use of scarce resources which have alternative uses. the use of scare resources which have very few uses. 15.) __________ comes from the concept of specialization. private business communism division of labor supply and demand 16.) if a shipwrecked sailor on a desert island is capable of either catching 10 fish or harvesting 5 coconuts in one day, then the opportunity cost of producing one coconut is ____ fish. one two three five 17.) the two main ingredients of the u.s. economy are: natural resources and land land and labor natural resources and labor land and money 18.) the american free enterprise system emphasizes: public ownership. private ownership. both public and private ownership. not enough information. 19.) usually the short term goal of open market operations is to: create more jobs. achieve a specific long term interest rate target. achieve a specific short term interest rate target. increase stock market values. 20.) during the 1870-1920 period the industrialized nations set up _______, with one of the last being the federal reserve in 1913. credit unions gold reserves central banking systems private banking systems 21.) when used as part of a commodity money system, which of the following is not a function of paper currency? to reduce the danger of transporting gold to reduce the possibility of debasement of coins to avoid the reduction in circulating medium to hoarding and losses to avoid the decrease in value ofopen question: i need help. i think its h but i'm not sure. this question is on my economics worksheet.?
the law of demand states that as quantity demanded decreases f. wages decrease. g. production increases. h. price increases. i. quality decreases.
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