Directions: Read the sentences below and choose the correct answer.
1. Slavery controversy, which impacted the economy, also resulted in a bloody civil war
with many deaths.
a. True
b. False
2. Western Europe and Japan have an abundance of crude oil.
a. True
b. False
3. It can be very difficult if you want to start a corporation.
a. True
b. False
4. The resources on earth can be used up.
a. True
b. False
5. If you have more of one thing you must have less of another applies to the principle of
opportunity
a. True
b. False
6. There was an abundance of laborers during Colonial America.
a. True
b. False
7. A simple symbolic interface was developed to operate computers.
a. True
b. False
8. There is a large transportation network in order to get from the point of manufacture to
the point of sale.
a. True
b. False
9. In the free market economy, the corporation is the primary entity.
a. True
b. False
10. The people who start the business determines the ownership of a corporation.
a. True
b. False
11. Shortages, or scarcity, can bring about all manner of human misery and suffering.
a. True
b. False
12. The preservation of the world's rain forests, is a great debate on a global scale.
a. True
b. False
13. One must determine if a corporation is for profit or for non-profit.
a. True
b. False.
14. The Washington Stock Exchange is the most famous stock exchange.
a. True
b. False
15. Economics is the study of the use of resources to produce/distribute goods and service
a. True
b. False
Can anyone help with economics please