_____________________________________ refers to the way consumers make their decisions and the role that consumer decision making play in a capitalist economy.
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Gross domestic product (GDP), gross national product (GNP),…
Gross domestic product (GDP), gross national product (GNP), GDP per capita, consumer spending, stock markets, interest rates, rate of inflation, national debt, and unemployment are all used to _________________________________.
Post WWII, industries start to relocate to Texas for _______…
Post WWII, industries start to relocate to Texas for _____________________________.
According to the TEKS glossary, the five major economic acti…
According to the TEKS glossary, the five major economic activities are:
The size of an economy is typically measured as ____________…
The size of an economy is typically measured as __________________________.
GNP, GDP per capita, consumer spending, stock markets, inter…
GNP, GDP per capita, consumer spending, stock markets, interest rates, etc. are all measures that indicate ___________________________.
Post WWII, European economies ____________________________.
Post WWII, European economies ____________________________.
The possibility of ______________________ is why individuals…
The possibility of ______________________ is why individuals are willing to undertake entrepreneurial ventures and why firms are willing to spend money on research and development and innovation.
Controlling prices, improving the environment, and protectin…
Controlling prices, improving the environment, and protecting health and safety are all purposes of _______________________________.
An economic system that is described by goods and services b…
An economic system that is described by goods and services being produced by the family, for the family; little surplus or exchange is called ______________________.