ECONOMICS STUDY GUIDE QUESTIONS!?

Janie

New member
1) a car used by a messenger service is a type of
a. capital
b. labor
c. trade-off
d. opportunity

2) every purchase decision involves the use of two scarce resources: _______ and________
a. income, expenses
b. energy, time
c. budgets, capital
d.price, income

mortgages are offered by all of the following EXCEPT
a. credit union
b. saving and loan associations
c. saving banks
d. consumer finance companies

an advantage of home ownership is

a. increased mobility
b higher price
c. lower maintenance
d creation of equity
 
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