PPLE EXAMPREP COMPREHENSIVE QUESTIONS AND CORRECT ANSWERS ALREADY PASSED

PPLE EXAMPREP COMPREHENSIVE
QUESTIONS AND CORRECT ANSWERS
ALREADY PASSED

⩥ goods.
Answer: Physical objects such as clothes or shoes


⩥ Services.
Answer: Actions or activities that one person performs for another


⩥ Producer.
Answer: A person, company, or country that makes, grows, or supplies
goods or commodities for sale


⩥ Consumer.
Answer: A person who purchases goods and services for personal use


⩥ income.
Answer: Earnings from work or investment, can be salary or hourly
wage


⩥ export.

, Answer: A good or service produced in the home country and sold in
another country.


⩥ import.
Answer: bring (goods or services) into a country from abroad for sale.


⩥ currency.
Answer: Coins and paper bills used as money


⩥ international trade.
Answer: the exchange of goods and services among nations


⩥ invest.
Answer: to put money into something to try to earn more money


⩥ agriculture.
Answer: the science or practice of farming, including cultivation of the
soil for the growing of crops and the rearing of animals to provide food,
wool, and other products.


⩥ Manufacturing.
Answer: The process of making a raw material into a finished product;
especially in large quantities, using heavy machinery.