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Ch. 3 Basic Economic Test

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1.
Profits provide _____________________ for new factories and equipment.(Los beneficios proporcionan _________ para las nuevas fábricas y equipos.)
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2.
Sometimes fixed costs are called _______________________. (A veces los costos fijos se denominan ________.)
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3.
In the United States, ________ produce most of the goods and services. (En los Estados Unidos, ________ producir la mayoría de los bienes y servicios.)
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4.
Freedoms in a free enterprise system include: _____ (Las libertades en un sistema de libre empresa include__________________)
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5.
Name four roles of government in a free enterprise system. (Nombrar cuatro funciones de gobierno en un sistema de libre empresa.)
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6.
_______________________ is all the fixed costs and variable costs.(_________ total es de todos los costos fijos y los costos variables.)
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7.
Sometimes resources are scarce. People may have to _______________ than others are willing to pay for that item. (A veces los recursos son escasos. Tal vez las peronas tienen que _________ por ese producto.)
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8.
A company that does not make a profit may have to ___________________ workers. (Una empresa que no tiene un beneficio puede tener a _________ trabajadores.)
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9.
____________ play a smaller role than individuals in a free market economy. (__________ desempeñar un papel más pequeño que los individuos en una economía de libre mercado.)
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10.
Voluntary exchanges take place when the ______________ and ______________ are free to make the exchange. (Los intercambios voluntarios tienen lugar ________.)
A.
private businesses (empresas privadas)
B.
lay off (despedir trabajadores)
C.
(1) promoting competition; (2) watching the way banks do business; (3) making sure workers have safe working conditions; (4) stop businesses from discriminating against workers or customers
D.
(1) buying and selling; (2) owning property; (3) maintaining a business ((1)comprando y vendiendo; (2) mantener un negocio.; (3) ser dueño de la propiedad.)
E.
Governments (Los gobiernos)
F.
buyer and seller ( comprador y el vendedor)
G.
capital (capital o dinero)
H.
overhead ( gastos generales)
I.
Total cost ( coste total)
J.
pay more (paga más)
Type the Answer that corresponds to the displayed Question.
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11.
Another name for a free enterprise system is a ___________ economy. (Otro nombre para un sistema de libre empresa es una economía de ___________.
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12.
Machinery is an example of a _____________________ cost. (La maquinaria es un ejemplo de un costo __________.)
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13.
Raw materials are _______________________ costs. (Las materias primas son los costos de _______.)
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14.
Competition usually leads to lower prices and better __________________. (La competencia por lo general conduce a ________.)
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15.
Money taken in by a business is its ____________________. (Dinero recibido por una empresa es su ________.)
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16.
A company has ______________________ when its expenses are greater than its revenue.(Una empresa ha ______ cuando sus gastos son mayores que sus ingresos.)
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17.
Consumers can ________________ what to buy in a free enterprise system. (Los consumidores pueden__________ qué comprar en un sistema de libre empresa.)
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18.
Total revenue minus total cost, if positive, equals ______________________.(costo total de ingresos total menos, si es positivo, es igual a _________.)
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19.
Businesses use their resources carefully so that they can make greater_________. (Las empresas utilizan sus recursos cuidadosamente para que _________.)
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20.
Property _________________ are an example of variable costs. (Propiedad _______ son un ejemplo de los costes variables.)

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