Midterm Review
start
Match the definition: What is the total value of all goods and services produced in a nation in one year?
00:00
00:25
Structural Unemployment
GDP Per Capita
Cyclical Unemployment
GDP
Match the Definition: Job loss due to shifts in technology or skills mismatch (Factory worker replaced by a robot)
00:00
00:20
GDP
Cyclical Unemployment
Bro I Don't Know
Structural Unemployment
When a tax is applied to an imported product, thereby raising its price and making domestic products more competitive, that tax is called a.
00:00
00:25
Market Equilibrium
Tariff
Quantity Supplied
Structural
Job loss due to a change in the economic cycle, such as a major recession, is known as __________________ unemployment
00:00
00:25
Tariff
GDP per Capita
Typical
Cyclical
Which of the following is NOT a factor of production
00:00
00:25
Land
Labor
Capital
Industry
When buyers and sellers are so numerous and well informed that all elements of monopoly are absent and the market price of a commodity is beyond the control of individual buyers and sellers means it is a what type of market?
00:00
00:25
Housing
Monopoly
Perfect Com petition
Oligopolist
Who decides monetary policy?
00:00
00:25
The President
The Superintendent
FOMC
The People
Where does most of the USA’s revenue come from?
00:00
00:25
Defense Spending
Health Care
NASA
Income Taxes
Which of the following is NOT a Intellectual Property Protection?
00:00
00:25
Utility Patent
Copyright
Private Ownership
Trademark
Business practice where a company hires a third party to perform tasks, handle operations, or provide services that were previously handled by its own employees
00:00
00:25
Unemployment
GDP
Outsourcing
Bomb go boom
What industry in NC has been most affected by globalization?
00:00
00:25
Textiles, biology and Technology
Technology and Medication
Technology, Furnitue and Medication
Textiles, furniture and Technology
bombneutralized
start over?
try again!
Midterm Review
Sophia Thomas
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Transcript
Midterm Review
start
Match the definition: What is the total value of all goods and services produced in a nation in one year?
00:00
00:25
Structural Unemployment
GDP Per Capita
Cyclical Unemployment
GDP
Match the Definition: Job loss due to shifts in technology or skills mismatch (Factory worker replaced by a robot)
00:00
00:20
GDP
Cyclical Unemployment
Bro I Don't Know
Structural Unemployment
When a tax is applied to an imported product, thereby raising its price and making domestic products more competitive, that tax is called a.
00:00
00:25
Market Equilibrium
Tariff
Quantity Supplied
Structural
Job loss due to a change in the economic cycle, such as a major recession, is known as __________________ unemployment
00:00
00:25
Tariff
GDP per Capita
Typical
Cyclical
Which of the following is NOT a factor of production
00:00
00:25
Land
Labor
Capital
Industry
When buyers and sellers are so numerous and well informed that all elements of monopoly are absent and the market price of a commodity is beyond the control of individual buyers and sellers means it is a what type of market?
00:00
00:25
Housing
Monopoly
Perfect Com petition
Oligopolist
Who decides monetary policy?
00:00
00:25
The President
The Superintendent
FOMC
The People
Where does most of the USA’s revenue come from?
00:00
00:25
Defense Spending
Health Care
NASA
Income Taxes
Which of the following is NOT a Intellectual Property Protection?
00:00
00:25
Utility Patent
Copyright
Private Ownership
Trademark
Business practice where a company hires a third party to perform tasks, handle operations, or provide services that were previously handled by its own employees
00:00
00:25
Unemployment
GDP
Outsourcing
Bomb go boom
What industry in NC has been most affected by globalization?
00:00
00:25
Textiles, biology and Technology
Technology and Medication
Technology, Furnitue and Medication
Textiles, furniture and Technology
bombneutralized
start over?
try again!