Assignment 1 Unit One

Section 1 Study Questions (9.0 points) Answer each power point fully. Complete sentences are not necessary. Lesson 1 (3.0 points) 1. take at least two things financial planning could help you do. (0.5 points) pee for my future & help me become more respinsible with money. 2. What is trade? (0.5 points) the feel in of things of value. 3. What is a service? (0.5 points) close tothing of value that a somebody cease do for early(a) people. 4. Name one of the three functions of money. (0.5 points) whole of account. 5. The real estate market is categorized in which dispatch? (0.5 points) By commodity 6. What is a countrys gross domestic product? (0.5 points) consummate(a) domestic product Lesson 2 (3.0 points) 1. What is a market economy? (0.5 points) frugal system that is regulated by the interactions between producers and consumers. 2. Name at least two features of capitalism. (1.0 points) individuals can own businesses and goods & has some g everywherenance regulation. 3. A business that sells watches that are more tatty than the watches a competitor sells is using which type of competition? (0.5 points) submit competition. 4. What is a monopoly? (0.

5 points) when one company controls an entire celestial sphere of goods or services, so that customers dont have other choices 5. What is a agent? (0.5 points) a solid ground for doing something Lesson 3 (3.0 points) 1. What is land as a factor of product? (0.5 points) not just the turn out of the earth, but everything in the initiation that wasnt created by people 2. What does the honor of Demand say? (0.5 points) that if all other factors a re equal, the look at leave go down if the! equipment casualty goes up, and the demand will go up if the price goes down 3. What does the Law of write out say? (0.5 points) that if all other factors are equal, the hand over will increase if the price goes up, and the supply will twilight if the price goes downIf you want to get a full essay, regularize of battle it on our website: OrderEssay.net

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