Which of these is NOT an argument against economic globalization?
Where were farms generally located hundreds of years ago?
The migrating of people from rural areas to urban ones is known as
What is a free enterprise economy?
What is the utility of a good?
Which one of the following is never fulfilled?
What is defined as the economic mixing and interdependence of economies across the world through an escalation of cross-cultural movement of goods, services, technologies and wealth?
Who is normally the producer in a resource market?
What is defined as the bringing in of foreign goods into an economy?
Which factor of production does management fall under?
What is a monopoly?
M1 consists of which of the following?
Exporting is the act of
What terms denotes a time in which an economy no longer relies on heavy industry and manufacturing, but instead on the offering of services?
What model is used to demonstrate markets and the flow of goods between firms and households?
What is consumer lock-in?
The Industrial Revolution took place during the
Which of the following is NOT a way that expansion and improvement of communication has affected the distribution of economic activity?
Which of the following allows us to cope with scarcity of resources?
Who is normally the consumer in a resource market?
You are overseeing the construction of buildings on an island. Why would you want to build high-rises?
What is the term that economists use to describe the theoretical consumer of needs and wants?
Which of these is the most liquid?
What is the name of the market in which households buy goods from firms?
What is defined as large-scale departure of companies, assets, and wealth from a country due to economic instability or the opportunity for cheaper production?
What are economic activities?
You have an economics test tomorrow that you would like to pass. Which of the following activities has the greatest utility?
Which of the following gives an example of utility changing depending on the circumstances?
Which is an example of fixed capital?
Which of the following economic systems is characterized by state ownership of all factors of production?
TExES Core Subjects EC-6: Economic Principles Chapter Exam Instructions
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