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Team 2
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Teams
Name
Score
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15
×
The total supply of goods and services in an economy
Agregate supply
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15
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A durable good that is used in the production of goods amd services.
Capital goods
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seesaw
Swap points!
Oops!
×
seesaw
Swap points!
Okay!
×
shark
Other team loses 20 points!
Okay!
×
banana
Go to last place!
Oops!
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eraser
Reset score!
Oops!
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star
Double points!
Okay!
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rocket
Go to first place!
Okay!
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baam
Lose 20 points!
Oops!
15
×
Oops!
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Check
15
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Under utilization of any factor of production most commonly referred to as labour.
Unemployment
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15
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A sector of economy in which different firms produce similar or identitical goods or services
Industry
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15
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A business that two or more individuals own and operate together
Partnership
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Economic policy which emphasize consumption
Consumerism
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15
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A system of exchnage of goods and services for other goods and services without using meduim of exchange.
Barter
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15
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The usefulness of goods or services in satisfying a need or a want
Utility
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thief
Give points!
5
10
15
20
25
×
shark
Other team loses 10 points!
Okay!
×
gift
Win 25 points!
Okay!
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banana
Go to last place!
Oops!
×
thief
Give points!
5
10
15
20
25
×
seesaw
Swap points!
Okay!
×
rocket
Go to first place!
Okay!
×
baam
Lose 20 points!
Oops!
15
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GDP is made up of two components. What are they?
Goods and services
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Goods that are bought and used together.
Complementary goods
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15
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Money available after one pays taxes and obligatory bill payments.
Disposible income
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×
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