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WorksheetsManagerial Economics
Total questions: 20
Worksheet time: 16mins
ECONOMICS
is a social concerned with how individuals, institutions, and society make __________ (best) choices under conditions of ________
(a)
This shows how resources are used and combined in production.
Technique Production
Capital Intensive
Labor Intensive
Use of Resources
Uses machineries or equipment to produced
Technique Production
Capital Intensive
Labor Intensive
Use of Resources
Uses efforts of men to produce
Technique Production
Capital Intensive
Labor Intensive
Use of Resources
ECONOMICS
is a study of how individuals and societies choose to employ those resources: what goods and services will be produced, how will they be _______, and how they will be __________ among the members of the society
(a)
ECONOMICS
it is concerned with the _________, distribution, _________, and consumption of goods and services
(a)
ECONOMICS
it focuses on the way in which individuals, ________, ____________ ________, and governments seek to achieve efficiently any economic objective they select.
(a)
ECONOMICS
studies how (a) of land, labor, and capital are determined, and how these prices are used to allocate scarce resources.
ECONOMICS
looks into the (a) of financial market and how it allocates capital to the rest of the economy.
ECONOMICS
looks into the (a) and into ways of helping the poor without causing harm to the country's economic performance.
ECONOMICS
studies the impact in (a) of government spending, taxes, snd budget deficits.
This is unlimited and may vary from the needs for survival to higher needs for a comfortable and more meaningful life.
Human Wants
Human Needs
Man has to learn to allocate basic economic resources properly in order to maximize the number of wants that can be satisfied.
Use of Resources
Technique Production
Labor Intensive
Capital Intensive
ECONOMICS
examine the movemets in _________ and ________ during the different stages of the business cycle with the goal of developing government policies that will improve the economic growth
(a)
ECONOMICS
examine the movemets in income and employment during the different stages of the business cycle with the goal of developing government policies that will improve the (a)
ECONOMICS
looks at (a) among nations and analyzes the impact of trade barriers
ECONOMICS
examines (a) in developing countries and suggest ways to encourage efficient use of resources
Basic consuming unit in the economy
Household
Business Firm
This serve's as the economy's producing unit to satisfy human wants with goods and services.
Household
Business Firm
Means economic way ofthinking.
Economic Perspective
Economic Perpetual
Economic Prediction
