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10 Questions
A. the amount of money a country can
print
B. an indicator of how the stock market is
performing
C. countries with the ability to produce
natural resources
D. the way a country manages it money
and resources to produce, buy and sell
goods.
A. a nation’s stock market
B. a nation’s GDP (gross domestic
product)
C. a nation’s government system
D. a nation’s leader
A. a system where consumers and
businesses control all aspects decisions
making and the market
B. a system where government controls
all decisions made in business and
ownership
C. where customs (bartering) and habit
control the market
D. A government agency that issues
bank deposits
A. a system where consumers and
businesses control all aspects decisions
making and the market
B. a system where government controls
all decisions made in business and
ownership
C. A system where bartering goods,
customs, and no currency exist
D. a system that combines both market
and command economies
 A. Nation’s do not thrive under competition.
 B. Nation’s take the best of both economy
styles in order to have a free market but
governmental control to protect the
consumers.
 C. Nation’s expect consumers to want more
governmental control in the market.
 D. Trade barriers are kept at minimum
under mixed economic systems.
A. Someone who studies business in
France.
B. A business that monopolizes on a
variety of goods and services.
C. A person who risks their own
finances to start a new business.
D. A business that operates under a
command economy.
A. A total amount of all businesses in a
country.
B. A total of the population who
produces goods for a nation per year.
C. A total of all goods and services
produces in a nation per year.
D. A total of all the machines and
factories used to produce goods in a
year
A. Natural resources provide solutions
to command economies.
B. Natural resources can become
economic specializations which can be
purchased by other nations.
C. Natural resources can produce more
human capital and capital goods that
nation may lack.
D. Natural resources have very little
effect on a nation’s economy.
A. Israel has more economic
specializations than Saudi Arabia and
Turkey.
B. Saudi Arabia and Turkey do not sell
goods on the global market.
C. Israel’s GDP per capita is much higher
compared to that of Saudi Arabia and
Turkey.
D. Israel has a relatively lower GDP per
capita compared to Saudi Arabia and
Turkey.
A. It is an nations main import.
B. It is a nations main currency used for
goods produced.
C. It is all the skills and education a
workers in a nation gain to raise the
GDP.
D. It is a product that a nation produces
in large amounts that earns the nation
the most money.

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Post Test FRIT 7235

  • 2. A. the amount of money a country can print B. an indicator of how the stock market is performing C. countries with the ability to produce natural resources D. the way a country manages it money and resources to produce, buy and sell goods.
  • 3. A. a nation’s stock market B. a nation’s GDP (gross domestic product) C. a nation’s government system D. a nation’s leader
  • 4. A. a system where consumers and businesses control all aspects decisions making and the market B. a system where government controls all decisions made in business and ownership C. where customs (bartering) and habit control the market D. A government agency that issues bank deposits
  • 5. A. a system where consumers and businesses control all aspects decisions making and the market B. a system where government controls all decisions made in business and ownership C. A system where bartering goods, customs, and no currency exist D. a system that combines both market and command economies
  • 6.  A. Nation’s do not thrive under competition.  B. Nation’s take the best of both economy styles in order to have a free market but governmental control to protect the consumers.  C. Nation’s expect consumers to want more governmental control in the market.  D. Trade barriers are kept at minimum under mixed economic systems.
  • 7. A. Someone who studies business in France. B. A business that monopolizes on a variety of goods and services. C. A person who risks their own finances to start a new business. D. A business that operates under a command economy.
  • 8. A. A total amount of all businesses in a country. B. A total of the population who produces goods for a nation per year. C. A total of all goods and services produces in a nation per year. D. A total of all the machines and factories used to produce goods in a year
  • 9. A. Natural resources provide solutions to command economies. B. Natural resources can become economic specializations which can be purchased by other nations. C. Natural resources can produce more human capital and capital goods that nation may lack. D. Natural resources have very little effect on a nation’s economy.
  • 10. A. Israel has more economic specializations than Saudi Arabia and Turkey. B. Saudi Arabia and Turkey do not sell goods on the global market. C. Israel’s GDP per capita is much higher compared to that of Saudi Arabia and Turkey. D. Israel has a relatively lower GDP per capita compared to Saudi Arabia and Turkey.
  • 11. A. It is an nations main import. B. It is a nations main currency used for goods produced. C. It is all the skills and education a workers in a nation gain to raise the GDP. D. It is a product that a nation produces in large amounts that earns the nation the most money.