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in form fields wherever the words enter answer a worksheet. 1....

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Accounting

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in form fields wherever the words enter answer a worksheet. 1. An economic system consists of Enter answer. 2. What are the 5 factors of production? Enter answer. 3. How is a planned economy different from a market economy? Enter answer. 4. How do government regulations impact U.S. businesses? Enter answer. 5. Define the term privatization. Enter answer. 6. How can privatization impact the end-customer/user? Enter answer. 7. What is the primary measure of growth in an economy? Enter answer. 8. Define Gross Domestic Product (GDP).Enter answer. 9. Enter answer. are responsible for generating nearly 3/4 of U.S. GDP. 10. How do we measure economic stability (name 4 ways)? Enter answer. 11. Explain deficit relative to debt. Enter answer. 12. How large is our national debt? Enter answer. 13. Who is America's largest creditor (who do we owe money to)? Enter answer. 14. Define fiscal policy, including who's in charge of fiscal policy? Enter answer. 15. Define monetary policy, including who's in charge of monetary policy? Enter answer. 16. Demand is Enter answer. based, whereas supply is Enter answer. based. 17. Typically, a sharp increase in demand for goods/services leads to an Enter answer in price. ed States)

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