10/20/25, 5:41 PM FIN 320F Exam 1 Working Words (Duvic) EXAM (updated 2025) Questions & Answers | Latest Already Graded A+ UPDATE 2025|…
FIN 320F Exam 1 Working Words (Duvic) EXAM
(updated 2025) Questions & Answers | Latest
Already Graded A+ UPDATE 2025|2026
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Practice questions for this set
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Terms in this set (71)
UNIT 1
Something that motivates a person to take or avoid
Incentives
taking an action.
Physical or intangible assets that can be used to
Resources
accomplish a goal.
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, 10/20/25, 5:41 PM FIN 320F Exam 1 Working Words (Duvic) EXAM (updated 2025) Questions & Answers | Latest Already Graded A+ UPDATE 2025|…
The tendency to process information by looking for,
Confirmation Bias or interpreting information that is consistent with one's
existing beliefs. Encyclopaedia Brittanica
The production, distribution and consumption of
Economic activity
economic assets.
Assets functioning as stores of value and over which
ownership rights are enforced by institutional units,
individually or collectively, and from which economic
Economic assets
benefits may be derived by their owners by holding
them, or using them, over a period of time. OECD
Glossary of Statistical Terms.
The right to control an asset. This control includes how
the property should be used, how the benefits from
Property rights
this use are distributed, and the ability to dispose of
the asset.
A governmental system with a collective or
Socialism
governmental control of property rights.
A market economy where individuals control property
Capitalism rights, especially the right to control assets used to
produce society's economic assets.
Dishonest or illegal activity by persons in authority,
Corruption especially political leaders, government
administrators, judicial officials and police
UNIT 3
is an organization that raises capital from investors,
uses this capital to obtain productive assets, and uses
Business
these productive assets to produce economic assets-
-goods and services--for customers.
The surplus that occurs when the revenues received
Profit from a business' productive efforts exceeds the cost
of producing economic assets.
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FIN 320F Exam 1 Working Words (Duvic) EXAM
(updated 2025) Questions & Answers | Latest
Already Graded A+ UPDATE 2025|2026
Save
Practice questions for this set
Learn 1 /7 Study with Learn
Terms in this set (71)
UNIT 1
Something that motivates a person to take or avoid
Incentives
taking an action.
Physical or intangible assets that can be used to
Resources
accomplish a goal.
https://quizlet.com/1095578252/fin-320f-exam-1-working-words-duvic-exam-updated-2025-questions-answers-latest-already-graded-a-update-202520… 1/8
, 10/20/25, 5:41 PM FIN 320F Exam 1 Working Words (Duvic) EXAM (updated 2025) Questions & Answers | Latest Already Graded A+ UPDATE 2025|…
The tendency to process information by looking for,
Confirmation Bias or interpreting information that is consistent with one's
existing beliefs. Encyclopaedia Brittanica
The production, distribution and consumption of
Economic activity
economic assets.
Assets functioning as stores of value and over which
ownership rights are enforced by institutional units,
individually or collectively, and from which economic
Economic assets
benefits may be derived by their owners by holding
them, or using them, over a period of time. OECD
Glossary of Statistical Terms.
The right to control an asset. This control includes how
the property should be used, how the benefits from
Property rights
this use are distributed, and the ability to dispose of
the asset.
A governmental system with a collective or
Socialism
governmental control of property rights.
A market economy where individuals control property
Capitalism rights, especially the right to control assets used to
produce society's economic assets.
Dishonest or illegal activity by persons in authority,
Corruption especially political leaders, government
administrators, judicial officials and police
UNIT 3
is an organization that raises capital from investors,
uses this capital to obtain productive assets, and uses
Business
these productive assets to produce economic assets-
-goods and services--for customers.
The surplus that occurs when the revenues received
Profit from a business' productive efforts exceeds the cost
of producing economic assets.
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