Assignment 1 Unit One

Section 1 Study Questions (9.0 points) Answer each query fully. Complete sentences are not necessary. Lesson 1 (3.0 points) 1. mark at least two things financial planning could help you do. (0.5 points) lay down for my future & help me become more respinsible with money. 2. What is trade? (0.5 points) the timbre in of things of value. 3. What is a service? (0.5 points) any(prenominal)thing of value that a person cease do for early(a) people. 4. Name one of the three functions of money. (0.5 points) social unit of account. 5. The real estate market is categorized in which passageway? (0.5 points) By commodity 6. What is a countrys gross domestic product? (0.5 points) consummate(a) domestic product Lesson 2 (3.0 points) 1. What is a market providence? (0.5 points) frugal system that is regulated by the interactions between producers and consumers. 2. Name at least two features of capitalism. (1.0 points) individuals can own busin esses and goods & has some g everyplacenance regulation. 3. A business that sells watches that are more punk than the watches a competitor sells is using which type of competition? (0.5 points) get up competition. 4. What is a monopoly? (0.

5 points) when one company controls an entire discipline of goods or services, so that customers dont have other choices 5. What is a causative? (0.5 points) a solid ground for doing something Lesson 3 (3.0 points) 1. What is land as a factor of product? (0.5 points) not just the pop of the earth, but everything in the initiation that wasnt created by people 2. What does the faithfulness of Demand say? (0.5 points) that if a ll other factors are equal, the want get o! ut go down if the equipment casualty goes up, and the demand will go up if the price goes down 3. What does the Law of tack say? (0.5 points) that if all other factors are equal, the hand over will increase if the price goes up, and the supply will eliminate if the price goes downIf you want to get a full essay, frame of battle it on our website: OrderEssay.net

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