Business

8th -

9thgrade

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Principles of Business Form 4 Practice Quiz No. 2

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25 questions

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  • 1. Multiple Choice
    30 seconds
    1 pt

    Barter can be defined as:

    The purchase of goods on hire purchase

    The Exchange of goods for money

    The exchange of goods for goods

    The earning of foreign exchange through export

  • 2. Multiple Choice
    30 seconds
    1 pt

    A consumer is a person who:

    Uses goods and services produced by other people

    Is an economic animal

    Produces the goods they need

    Buys for re-sale

  • 3. Multiple Choice
    30 seconds
    1 pt

    In most Caribbean countries the predominant type of economic system is:

    Laissez-Faire

    Centrally Planned

    Socialist

    Mixed

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