Holiday Economics

Front

Taxes that you pay on items you buy.

Back

Sales tax

Front

The study of how people meet their wants and needs is called

Back

Economics

Front

True or false: In a command economy, all decisions are made by the government.

Back

True

Front

This is the fundamental law that asserts when prices increase so too does the amount produced.

Back

Law of Supply

Front

What is the primary reason people switch to a substitute good?

Back

Increase in the price of the original good

Front

What is the effect on the demand curve if there is an increase in population?

Back

Shifts to the right

Front

In the movie Home Alone, where does the family go for Christmas when they leave Kevin at home?

Back

Paris

Front

In "Miracle on 34th Street," Kris Kringle is hired to play Santa in what store?

Back

Macy's

Front

What was the name of the Grinch's dog?

Back

Max

Front

what movie is this? Options: christmas vacation, jingle jangle, elf, home alone 3

Back

christmas vacation