Exam (elaborations)
BE 141 MIDTERM QUESTIONS WITH COMPLETE ANSWERS.
- Course
- Institution
BE 141 MIDTERM QUESTIONS WITH COMPLETE ANSWERS.
[Show more]
Content preview
BE 141 MIDTERM QUESTIONS WITHCOMPLETE ANSWERS
The mmUnited mmStates' mmEconomic mmSystem mmis mmpure mmcapitalism mm- mmAnswer
mmFalse
The mmstatistic mmused mmto mmmeasure mmall mmof mmthe mmgoods mmand mmservices mma
mmcountry mmproduces mmis mmcalled mmGDP mm- mmAnswer mmTrue
China mmis mmthe mmworld mmleader mmin mmthe mmamount mmof mmgoods mmand mmservices
mmproduced mm- mmAnswer mmFALSE
All mmpeople mmhave mmneeds mmand mmwants. mmA mmneed mmis mmsomething mmyou
mmhave mmto mmhave mmin mmorder mmto mmsurvive mm- mmAnswer mmTrue
A mmwant mmmakes mmsurvival mmeasier mm- mmAnswer mmTrue
The mmgovernment mmof mmthe mmUnited mmStates mmcontrols mmmost mmof mmour
mmresources mm- mmAnswer mmFalse
The mmreason mma mmperson mmgoes mminto mmbusiness mmis mmto mmmake mma mmprofit.
mmAll mmbusinesses mmare mmguaranteed mmto mmeventually mmbe mmprofitable mmby mmour
mmgovernment mm- mmAnswer mmFalse
In mmCommunism, mmthe mmpeople mmown mmthe mmresources mmbut mmthey mmall mmwork
mmfor mmthe mmgovernment mm- mmAnswer mmFalse
An mmEconomic mmSystem mmis mmsimply mma mmway mma mmcountry mmcontrols mmits
mmresources mmin mmorder mmto mmmake mmgoods mmand mmservices mmto mmsatisfy
mmpeople's mmwants mmand mmneeds mm- mmAnswer mmTrue
Anyone mmin mma mmCapitalistic mmeconomic mmsystem mmcan mmstart mmtheir mmown
mmbusiness mmin mmorder mmto mmmake mmmoney mm- mmAnswer mmTrue
Quality mmof mmliving mmis mmthe mmquality mmand mmquantity mmof mmgoods mmand
mmservices mmavailable mmto mma mmpopulation mm- mmAnswer mmTrue
Entrepreneurs mmare mmindividuals mmwilling mmto mmtake mmthe mmrisk mmof mmowning
mmand mmoperating mma mmbusiness mm- mmAnswer mmTrue
, Greater mmlevels mmof mmcustomer mmsatisfaction mmoften mmtranslate mminto mmhigher
mmprofits mm- mmAnswer mmTrue
Following mmyour mmpassion mmin mmmaking mmcareer mmchoices mmcan mmlead mmto
mmfinancial mmand mmperusal mmsuccess mm- mmAnswer mmTrue
The mmDow mmJones mmAverage mmis mmover mm16,000 mm- mmAnswer mmTrue
The mmDow mmJones mmIndustrial mmAverage mmconsists mmof mmthe mmtop mm500
mmcompanies mmin mmthe mmUS mm- mmAnswer mmFalse
The mmNASDAQ mmis mmover mm5000 mmand mmconsists mmmainly mmof mmtechnology
mmstocks mm- mmAnswer mmTrue
A mmmutual mmfund mmhas mman mmNAV mmprice. mmNAV mmstands mmfor mmNet mmAsset
mmValue mm- mmAnswer mmTrue
If mmyou mminvested mm1000 mminto mma mmstock mmthat mmis mmnow mmworth mm1200,
mmyour mmpercent mmreturn mmwould mmbe mm20% mm- mmAnswer mmTrue
If mmyou mmwant mmto mmbe mmsuccessful mmwith mmyour mmmoney, mmyou mmneed mma
mmfinancial mmgoal! mm- mmAnswer mmTrue
Rule mmof mm72 mm- mmAnswer mmThe mmnumber mmof mmyears mmit mmtakes mmfor mma
mmcertain mmamount mmto mmdouble mmin mmvalue mmis mmequal mmto mm72 mmdivided mmby
mmits mmannual mmrate mmof mminterest
Basic mmneeds mminclude mmitems mmthat mmmake mmlife mmmore mmenjoyable, mmsuch
mmas mma mmtelevision. mm- mmAnswer mmFalse
The mmterm mm"wants" mmrefers mmto mmitems mmpeople mmdesire mmfor mmreasons
mmbeyond mmsurvival mmand mmbasic mmcomfort mm- mmAnswer mmTrue
A mmpersonal mmnet mmworth mmstatement mmlists mmyour mmincome mmand mmexpenses
mmfor mma mmperiod mmof mmtime mm- mmAnswer mmFalse
All mmassets, mmor mmitems mmof mmvalue, mmincrease mmin mmvalue mmover mmtime mm-
mmAnswer mmFalse
Financial mmchoices mmyou mmmake mmtoday mmwill mmaffect mmyour mmfinances mmand
mmyour mmwealth mmtomorrow mmand mmthroughout mmyour mmfuture mm- mmAnswer mmTrue
Consumers mmshould mmalways mmmake mmquick mmdecisions mmabout mmfinancial
mmmatters; mmotherwise, mmopportunities mmcan mmbe mmlost mm- mmAnswer mmFalse
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller LucieLucky. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
82265 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now