BusFin Chapter 2 Vocbulary
Authored by Jennifer Florian
Business
11th Grade
Used 2+ times
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25 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
deciding which wants and needs will be satisfied and which will go unsatisfied
Demand
Economics
Choice
Resources
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the science of decision making about the allocation of scarce resources
Demand
Economics
Choice
Commodity markets
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the means available to develop solutions for unsatisfied wants and needs
Limited liability company (LLC)
Scarcity
Capital markets
Resources
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
people have wants and needs that are greater than can be satisfied with the available products and services
Market economy
Scarcity
Choice
Financial return
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the amount of a product or service that individuals want to buy to satisfy their wants and needs
Demand
Corporation
Foreign currency
Financial risk
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
used to finance intermediate or long-term debt of one year or longer
Term
Financial market
Capital markets
Resources
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
deciding which wants and needs will be satisfied and which will go unsatisfied
Economics
Global business
Choice
Resources
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