Abeka Economics Final Exam Questions and Answers 100% Pass

What global organization was created to maintain international peace? - Correct Answer ️️ -United Nations What was the name of the French group whose members were some of the earliest influential advocates of laissez-faire economics - Correct Answer ️️ -physiocrats What are the four factors of production? - Correct Answer ️️ -natural resources, labor, capital, entrepreneurship large, complex organizations composed of appointed officials and numerous departments - Correct Answer ️️ -bureaucracies intangible good produced for which people expect to pay - Correct Answer ️️ -service mechanism that allows people to exchange goods - Correct Answer ️️ -market separates the work to be performed into individualized tasks - Correct Answer ️️ - division of labor used to determine how much of a good to buy or sell - Correct Answer ️️ -market signal allows a country to produce those goods in which it has absolut