Which of these is an example of a capital resource?
(1 point)
Responses
a) Raw materials for manufacturing a product
Which of these is an example of a capital resource?
(1 point)
Responses
workers
workers
iron ore
iron ore
entrepreneurs
entrepreneurs
computers
computers
Computers
Which of these is an example of a monetary incentive?
(1 point)
Responses
having fun walking a dog
having fun walking a dog
making friends on a sports team
making friends on a sports team
learning a new skill by studying it
learning a new skill by studying it
earning an allowance for doing chores
earning an allowance for doing chores
Earning an allowance for doing chores
Which of the following goods or services is an import in the United States?
(1 point)
Responses
apples grown on a farm in Vermont
apples grown on a farm in Vermont
kitchenware purchased online from China
kitchenware purchased online from China
software created in California and used in Chicago
software created in California and used in Chicago
technical service to a customer in the Philippines
Kitchenware purchased online from China
Which of the following laws is considered a trade barrier?
(1 point)
Responses
A company that produces furniture is shut down
A company that produces furniture is shut down
federal aid given to unemployed workers from a factory
federal aid given to unemployed workers from a factory
paying money to an industry to encourage it to make goods in the country
paying money to an industry to encourage it to make goods in the country
consumers deciding to purchase only locally made goods
consumers deciding to purchase only locally made goods
Paying money to an industry to encourage it to make goods in the country
What is one potential negative consequence associated with free trade?
(1 point)
Responses
Import and export taxes are high under free trade.
Import and export taxes are high under free trade.
Buyers and sellers can no longer make price decisions.
Buyers and sellers can no longer make price decisions.
Countries that practice free trade have high unemployment.
Countries that practice free trade have high unemployment.
People in certain ind