Economics

Front

Which of these examples is a service?
Mr. Farr sells guitars.
Mr. Swenson gives art supplies to consumers.
Coach provides lessons for different sports.
Ms. Miller sells books.

Back

Coach provides lessons for different sports.

Front

What is supply?

Back

the amount of an item you have

Front

What is demand?

Back

how many people want your good/service

Front

The USA sends oranges to Costa Rica this is called an

Back

export

Front

Tea leaves do not make a good form of money because tea leaves are not...

Back

durable

Front

What does it mean when you save money?

Back

You put money away for later.

Front

Opal saved money in the bank. From doing this, she earned _______.

Back

Interest

Front

Ms. Miller put $200 into her account, but now she has $210. This is because of ______.

Back

Interest

Front

Giant rocks do not make a good form of money because large rocks are not

Back

portable

Front

Money that you put in a savings account______.

Back

can earn interest