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JA Finance and Economics Chapter 13

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Question
Answer
What is the first major decision made in an economy?   show
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What is the second major decision made in an economy?   show
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show Who will get the goods and services produced  
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The government usually owns the economy in a   show
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The people usually make the economic decisions ina   show
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show Traditional Economy  
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show Opportunity Cost  
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show Mixed Economy  
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show Scarcity  
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show Land, labor, and capital  
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show credit  
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One disadvantage of using credit is that it encourages   show
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show pay later  
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Three variables that affect saving money are   show
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show Factors of Production  
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show Capital  
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show consumption  
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