Q.1.
Not being able to meet all wants at the same time
Q.2.
Actions that people do for others
Q.3.
A farmer would fall under which economic activity?
Q.4.
New technology that increases the speed of production would have what impact on the prices of goods?
Q.5.
What term refers to a good that comes into a country?
Q.6.
A good made in the United States and sent to other countries
Q.7.
Goods made to use in the production of other goods
Q.8.
What do you call someone who makes or provides a good or service for purchase?
Q.9.
What is a good which is produced domestically but sold in a foreign country?
Q.10.
What is the calculation of the value in USD of all the goods and services
Q.11.
An increase in competition would have what effect on price?