Economics Unit Test

(a)   is a term used to describe a very low supply.

A form of trade in which goods or services are traded for something other than money is called (a)   .

A (a)   is someone who MAKES or sells a product.

A (a)   is someone who BUYS a good or service.

The amount of money that is left after all the overhead has been paid is known as the (a)   .

To (a)   means when the U.S. BUYS goods or services FROM another country.

To (a)   means when the U.S. SELLS goods or services TO another country.

(a)   is the money needed to run a business.

(a)   is a building in which goods are made.

Henry Ford used all of the following materials in his factory EXCEPT _______________.