Test Yourself. Иванова Ю.В - 47 стр.

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9. In the real world, technology d) forces people to make sacrifices. 9.
and the other factors of
production
10. Higher sales and higher prices e) the pure-market and the pure 10.
are signals to producers -command economic models.
A B С
11. A production possibilities a) the economic systems of all the 11.
curve shows all of the nations of the world.
possible combinations of
goods and services
12. Interdependence links b) products are called capital resources. 12.
13. The money and capital c) the poorer, less industrialized 13.
goods used to produce countries of the world.
14. ‘Developing nations’ is the d) of their private property as they 14.
term given choose.
15. Property owners are free to e) that can be produced within a stated 15.
use or dispose time period.
A B C
16. A franchise is a contract in
which a company agrees to
a) by establishing laws and rules that
individuals and businesses must
follow.
16.
17. A pure command economy
relies on officials
b) to protect its members from
poverty, business and bank failures.
17.
18. The government regulates
the economy
c) arise because different groups in
the nation have different needs.
18.
19. The goal of economic
security refers to a nation’s
efforts
d) let another person or group start a
business using its name to sell goods
or services.
19.
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