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ECONOMIC ACTIVITY (D)
Autor :
Wolfert Torrente
1.
Creation of goods and services
A
Distribution
B
Production
C
Consumption
2.
Transportation
A
Production
B
Consumption
C
Distribution
3.
A worker is an example of...
A
Human capital or labour
B
Natural resource
C
Physical capital
4.
Money is an example of...
A
Physical capital
B
Natural resource
C
Financial capital
5.
If your salary decreases...
A
Your purchasing power increases.
B
Your purchasing power is the same.
C
Your purchasing power decreases.
6.
The purchasing power depends on...
A
the cost of living in a place.
B
Both are correct.
C
the amount of your salary.
7.
Its main role in the economy is to use goods and services
A
Households
B
Government
C
Businesses
8.
Its main role in the economy is to collect taxes.
A
Households
B
Government
C
Businesses
9.
Supplies financing through pensions
A
Households
B
Government
C
Businesses
10.
One example of good.
A
Experiences
B
Entertaiment
C
Bicycle
11.
One example of service
A
A car
B
A book
C
Education
12.
It is NOT a factor of production
A
Land
B
Labour
C
Distribution
13.
Households or families are one of the economic agents. What do they give to the public sector (government)
A
They buy the goods the government produces
B
The families don't have a relationship with government
C
Taxes
14.
In a command economic system...
A
There are not government regulations
B
From the tradition people know how to produce, what to produce
C
The government every aspect of economy
15.
In a market economy
A
The government doesn't control the economy
B
The government has regulations in the economy
C
The government controls every aspect of economy