Economics Review

What do you call a plan that shows your income, expenses and savings?

• taxes

• budget

• import

_______________ resource is something that comes from nature that is used as a good or in a service.

• natural

• capital

• human

____________ resource is a person who makes products and provides services.

• natural

• capital

• human

____________ resource is a thing needed to produce goods and services

• capital

• natural

• human

How does the local government get the money necessary to fund services provided by the city?

• government

• selling groceries

• taxes

Which is NOT a market where buyers and sellers meet?

• forests

• internet

• auctions

• shopping malls

__________ means to send products and resources from a country to another.

• import

• export

• trading

___________ means to bring products and resources into one country from another.

• import

• export

• trading

Name an example of a product Nebraska imports

• oatmeal

• airplanes

• bananas

Name an example of a product Nebraska exports

• soybeans

• oranges

• cars