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Intro To Business 1

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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The 5 most widely indicators of the economy include...   show
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3 ways the government can help or control the economy include...   show
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The 4 levels of inflation include...   show
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The 4 levels of the business cycle include...   show
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show Monopoly, oligopoly, monopolistic competition, and perfect competition  
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show lowering prices and/or increasing the quality of the product  
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What is the market value of all financial products produced in a country during a specific period of time?   show
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show By adding the total amount of money spent from consumer spending, business spending, government spending, and net exports  
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What is the general rise in prices called?   show
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show Interest  
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show Productivity  
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show Fiscal price or government spending (must know both)  
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What is a system and market place for buying and selling stocks known as?   show
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show Bonds  
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show Price competition  
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show Non-price competition  
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When one business has complete control over supply, it's known as...?   show
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When a small number of businesses sell the same or similar products, it's known as...?   show
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show Monopolistic competition  
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When a large number of businesses sell the same product at the same price, it's known as...?   show
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When an economy is growing, it's known as...?   show
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The end of expansion is known as...?   show
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show Recession  
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The lowest stage of a business is known as the..?   show
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show Monetary policy  
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What is the central bank in the U.S.?   show
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show Money supply  
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show Antitrust laws  
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Occurs when 2 or more businesses in an industry agree to sell the same goods or services at a set price?   show
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show Collusion  
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This is not directly connected to economic activity, but still affects people?   show
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A business only located along state lines is known as...?   show
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show Interstate  
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Created by: OliviaRoark
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