Jailaa quiz

what is another word for buyers/sellers ?

• market economie

• producers/consumers

• buyers and sellers

• supply and demand

what is a quota ?

• the level of a nation's population over the age of 15 who are able to read and write

• the amount of people who can read and write

• a limit on goods

• to place tax on a item /produce from a different country

what is a tariff?

• not being able to read and write

• the busniess earn more money

• a limit on goods

• to place tax on a item/produce from a different country

which position is the head of government of australia ?

• embargo

• entreprenuership

• prime minster

• command

what are the three major trade barriers ?

• embargo ,quota,tariff

• command,market ,mixed

• parliamentary,commonwealth ,presidental

• ebargo,qota ,taffi

what are the three economic questions ?

• how far is australia , how many shoes are in the world, how many jordans are there ?

• how long is school ,how many crocs are in the world,how many animals are dead

• how to produce,what to produce,for whom to produce

• how many chairs are in a social studies room,how many drinks are at a gas station ,how many tv shows are there

do you remember what a literacy rate tell us ?

• the percent of people who can read and write

• rate of pretty people

• percent of smart people

• percent of people who can read and draw

what is one benfit to using a tariff as a trade barrier ?

• makes you clean up trash

• it makes you buy stuff from the usa

• makes you read and draw

• makes you do your work at school

what are the 4 factors of economic growth are ?

• entreprenuership,capital goods,natural resources ,human capital

• land ,capital ,lace, labor

• food,drinks,shoes,pencils

• labor,binder,crocs,pants

what is the meaning of standard of living

• you/a country good at

• government doesn't regulate busniess

• the level of wealth and material comfort available to a people

• citizens have freedom to start a busniess