Economics Review

Which statement regarding Georgia's transportation system is MOST accurate?

• The interstate system helps to support Georgia's ports.

• I-85 and I-75 only link Georgia to Florida.

• Georgia's ports are isolated from the rest of the state.

• I-20 and I-16 only impact the eastern part of the state.

Which transportation systems are MOST important for Georgia's tourism industry?

• the railroads and the deepwater ports

• the railroads and the international airport

• the Interstate Highway System and the deepwater ports

• the Interstate Highway System and the international airport

All of the jobs in the preceding list exist because of:

• the Interstate Highway System.

• the Ports of Brunswick and Savannah.

• Hartsfield-Jackson International Airport.

• Georgia's railroad transportation system.

International tourism is one of the most important sectors of Georgia's economy and creates many jobs for the state's residents. Which major transportation system plays a key role in boosting this sector of the economy?

• railroads

• deepwater ports

• the Interstate Highway System

• the Hartsfield-Jackson International Airport

Why was this business venture particularly risky for Landon?

• He lacked the capital he needed.

• There was a lot of competition.

• He did not have relevant experience.

• The industry was heavily regulated.

Which industry accounts for the largest portion of Georgia's economy?

• agriculture

• entertainment

• fishing

• manufacturing

Income is necessary in order to afford monthly bills and save for the future. What is the BEST way to consistently earn income?

• getting a job

• investing in stocks

• applying for a loan

• obtaining a credit card

What is the most financially responsible way for Diego to raise the money for the apartment?

• get a job in order to begin earning an income

• obtain a loan from a financial lending institution

• open an account with a major credit card company

• establish a savings account to begin earning interest

Which of these people is the MOST financially responsible?

• Quentin, who used a mortgage to buy a house that he could not afford

• Rachelle, who buys lotto tickets with all of her extra money

• Sofia, who has a full-time job and always follows a personal budget

• Terrell, who maxed out his credit card buying a new television

Which of the following persons will earn the MOST interest on the money in their savings account?

• Bruno, who has $100 earning an annual interest rate of 10 percent

• Diego, who has $1,500 earning an annual interest rate of 1 percent

• Sophia, who has $1,000 earning an annual interest rate of 2 percent

• Gabriella, who has $800 earning an annual interest rate of 5 percent