
Chapter 8 & 9 Review
Authored by Mandi Collyar
Other, Business
10th - 12th Grade
Used 15+ times

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50 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Economic utility is one of the four types of utility that satisfy wants.
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Entrepreneurship is a factor of production.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Countries with a command economy are often dictatorships.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The average profit earned by a business today is about 5 percent of total receipts.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Inflation increases the purchasing power of money.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Foreign investment occurs when firms of one country build new plants in another country.
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Goods and services that are sold to other countries are called exports.
True
False
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