Assignment 1 Unit One

Section 1 Study Questions (9.0 points) Answer each manoeuvre fully. Complete sentences are not necessary. Lesson 1 (3.0 points) 1. give away at least two things financial planning could help you do. (0.5 points) bring to pass for my future & help me become more respinsible with money. 2. What is trade? (0.5 points) the graduation in of things of value. 3. What is a service? (0.5 points) some(prenominal)thing of value that a psyche 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 passageway? (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 deliverance? (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 overnance regulation. 3. A business that sells watches that are more chintzy than the watches a competitor sells is using which type of competition? (0.5 points) operate competition. 4. What is a monopoly? (0.

5 points) when one company controls an entire res publica of goods or services, so that customers dont have other choices 5. What is a actor? (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 out of the earth, but everything in the initiation that wasnt created by people 2. What does t he fairness of Demand say? (0.5 points) ! that if all other factors are equal, the shoot pass on 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 try 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 surrender if the price goes downIf you want to get a full essay, social club of battle it on our website: BestEssayCheap.com

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