Lab: Kinetic Energy — Unit test Answers

56 verified answers8 views
26

Review Tables A and B in your Student Guide. Did you record all data throughout the virtual lab experiment?

A
yes
B
no
27

What are characteristics of mixed-market economies? Choose three correct answers.There is a centralized command structure.They are driven by consumers and producers.The government plans the use of resources.There is a lack of competition.There is private ownership of property.There is some government regulation.

A
There is a centralized command structure.
B
They are driven by consumers and producers.
C
The government plans the use of resources.
D
There is a lack of competition.
E
There is private ownership of property.
F
There is some government regulation.
28

Which statement describes scarcity?

A
Land, labor, and capital are unlimited.
B
Human wants and needs are unlimited.
C
Limited resources make goods and services less valuable.
D
Resources needed to produce goods and services are limited.
29

Study the graph. Based on this information, which statement is correct?

A
Gold and silver are equally valuable.
B
Gold is scarcer than silver.
C
Silver is scarcer than gold.
D
Silver is more valuable than gold.
30

Read the passage. Based on this information, which statement is correct?The first wood is scarcer and likely more expensive.The second wood is less scarce and likely more expensive.The availability of the wood will not affect the price of the wood.The cost of the instrument will not be affected by the price of the wood.

A
The first wood is scarcer and likely more expensive.
B
The second wood is less scarce and likely more expensive.
C
The availability of the wood will not affect the price of the wood.
D
The cost of the instrument will not be affected by the price of the wood.
31

How do people in your community participate in the economy? Check all that apply.by buying goods and servicesby selling goods and servicesby trading goods and servicesby hiring others to do workby working for an employerby investing in a companyby volunteering in the community

A
by buying goods and services
B
by selling goods and services
C
by trading goods and services
D
by hiring others to do work
E
by working for an employer
F
by investing in a company
G
by volunteering in the community
33

Read the passage. Which economic system does Dante’s country of origin have?

A
a command economy
B
a communist economy
C
a market economy
D
a mixed-market economy
35

How can deflation affect people and their decisions? Choose three correct answers.It can cause job losses.It can lead to increasing prices.It can improve the economy.It can lead to a decrease in income.It can lead people to reduce spending.

A
It can cause job losses.
B
It can lead to increasing prices.
C
It can improve the economy.
D
It can lead to a decrease in income.
E
It can lead people to reduce spending.
36

Study the graph, then answer the question.What does this graph tell us about inflation?

A
Prices in an economy are complicated.
B
Prices in an economy do not change.
C
Prices increase less every year.
D
Price increases are different every year.
38

Which statement describes the law of supply?

A
When prices are lower, consumers will demand less of a good or service.
B
When prices are lower, producers will supply more of a good or service.
C
For higher prices, producers will supply less of a good or service.
D
For higher prices, producers will supply more of a good or service.
40

Which statements describe characteristics of monopolies? Choose three correct answers.They can influence the government and the economy.The government cannot regulate or control them.They increase competition in the economy.They limit choice and control pricing.Only one company provides a product or service.

A
They can influence the government and the economy.
B
The government cannot regulate or control them.
C
They increase competition in the economy.
D
They limit choice and control pricing.
E
Only one company provides a product or service.

Did you find these answers helpful?