ATMAE Study Guide |Questions with 100% Correct Answers Graded A+
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Course
ATMAE
Institution
ATMAE
ATMAE Study Guide |Questions with 100% Correct Answers Graded A+
What type of labor force might a pottery factory want to focus on when hiring?
highly skilled
highly wealthy
highly educated
highly localized
highly skilled
Land is considered a resource because it
is always available to use.
...
ATMAE Study Guide |Questions with 100% Correct
Answers Graded A+
What type of labor force might a pottery factory want to focus on when hiring?
highly skilled
highly wealthy
highly educated
highly localized
highly skilled
Land is considered a resource because it
is always available to use.
is used to produce things.
costs little or nothing to use.
requires labor to be useful.
is used to produce things
One of the purposes of studying economics is to understand the
reasons people purchase certain goods.
reasons some resources become scarce.
principles that apply to many personal choices.
principles that influence the production of services.
principles that influence the production of services
What are the cons of a mixed market economy for most citizens? CHECK ALL THAT APPLY.
There may be a sizable gap between rich and poor people.
It can be very difficult for citizens to start private businesses.
Citizens must pay for most basic necessities by themselves.
There is no guarantee of steady employment for many citizens.
Citizens may pay higher taxes than in other economic systems.
Citizens often purchase their own health care and higher education.
There may be a sizable gap between rich and poor people, citizens must pay for most basic necessities
by themselves, there is no guarantee of steady employment for many citizens, citizens often purchase
their own health care and higher education
Which of the following would be a producer?
someone owning a book store
someone shopping in a grocery store
someone putting gas in a car
someone waiting in line at a bank
someone owning a book store
, John has a large apple orchard. He has decided to bake pies and sell them at the local farmer's market.
Which best describes John's use of economics?
John is using available and renewable resources.
John is relying on inexpensive labor costs to improve profits.
John is using resources to produce both goods and services.
John is assuming consumers will have limited need for his product.
John is using available and renewable resources
Which statement best describes the body paragraphs of an argumentative essay?
The body paragraphs acquaint readers with the topic and set up the ideas that will be presented.
The body paragraphs establish the focus of the essay and tell readers what the writer's position will be.
The body paragraphs tie the essay together and tell readers what they have learned and should take
away.
The body paragraphs flesh out the argument and include counterclaims and evidence from research.
The body paragraphs flesh out the argument and include counterclaims and evidence from research
The proper style for an argumentative essay is
formal
To create the proper tone for an argumentative essay, a writer should
include opinionated words.
add complicated language.
incorporate unusual stories.
use a straightforward approach.
use a straightforward approach
In the lesson, you learned about Dave and his bakery. It was mentioned that "in one hour of work, Dave
can make either 60 donuts or 30 bagels." Which might help Dave assess whether he should focus on
bagels or donuts?
It costs less to make bagels.
Customers prefer donuts.
Dave charges more for bagels.
Donuts cost more to produce.
customers prefer donuts
Which of the following is influenced by personal economic choices? Check all that apply.
the cost of your rent and utilities
the resources you have available
the amount of money you spend on a bus pass
the money you decide to spend on leisure products
the amount of money you put into your savings account
the manner in which you balance your time between work and leisure
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