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Last updated: September 8, 2025

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First submitted	September 8, 2025
Times taken	1
Average score	100.0%
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Hint	Answer
The physical development of a country, i.e. roads, ports, and communication abilities	Infrastructure
The flow of cash or cash equivalents received in exchange for work	Income
A financial report that shows a business's revenue and expenses over a period of time	Income Statement
Total earnings a person or business receives before paying for taxes and other deductions	Gross Income
System by which a nation decides how to use its resources to produce and distribute goods and services	Economy
Money spent in an organization's efforts to generate revenue	Expenses
The people who work for a company/organization; the department responsible for managing matters related to employees	Human Resources
Value of a country's overall output of goods and services	Gross Domestic Product
Annual cost of credit computed as a percentage	Interest Rate
Price for which the currency of one country can be traded for the currency of another	Exchange Rate
Pledging money into securities in order to increase personal or business income	Investing
Exclusive control over a product or the means of producing it	Monopoly
Describes a situation in which a change in the price of a product has very little or no impact on the demand	Inelastic Demand
Combining of two or more entities into one, through purchase acquisition or pooling of interests	Merger
Good or service sold to other countries	Export
Assets and liabilities a person leaves when he/she dies	Estate
Desire which requires a purchase of a good or a service to satisfy	Economic Want
Economic situation where prices increase faster than the value of the goods and services	Inflation
A grant or right to sell a parent company's product or service within a given area	Franchise
The condition that exists when the amount of a product supplied is equal to the demand	Equilibrium Price
The growth in movement across national borders--as people, ideas, products, services, and capital become interconnected	Globalization
Good or service bought from another country	Import
Tangible product purchased for use by a business	Industrial Good
Periodic cost that remains unchanged regardless of output level or sales revenue	Fixed Cost
The process of developing, promoting, and distributing products to satisfy customer needs and wants	Marketing
A ban on all international trade with a specific country	Embargo
Entity designated in a will to carry out the wishes and instructions of the will maker by controlling and distributing assets	Executor
Describes a situation in which a change in the price of a product creates a change in the demand	Elastic Demand