economics quiz

what are the 3 questions of economics 

• what to produce, how to produce , and for whom to produce for
• traditional,command,market
• how produce ,who produce, and for who produce for
• what to produce, how to produce,and for who

what is the economic system that is commonly seen in the world today

• market
• command
• mixed 
• traditional 

what kind of  economic system is Israel closest to on the economic contimuim 

• command 
• market
• mixed 
• traditinal

having characteristics of both command and market economic systems are what?

• command
• mixed
• traditional
• market

(GDP) is the monetary value of all the finished goods and services produced within a country's borders in a specific time period. GDP stands for…………

• Government Dominate Policy
• Gross Domestic Product
• Gone Debt Procedures
• Goal Determined Product

The economies of Israel, Saudi Arabia, Turkey, and Iran could be best described as

• Mixed
• Market
• Command
• Traditional

In a market economy who makes the economic decisions?

• farmers
• custom and habit
• government planners
• consumers and the market

Which industry in Saudi Arabia does the government largely control?

• Oil
• technology
• agriculture
• textile manufacturing

Which one of these is an example of an entrepreneurship

• Getting a job
• Opening a new coffee shop
• Becoming an intern

Which one is a trade Barrier

• Tariff
• Barter
• Barrier
• Tax