I am a Chinese student who is applying to transfer from community college to UC now. I wrote a personal statement for my application. Could anyone help me revise my grammars and sentence patterns? Even a paragraph or a sentence, I would appreciate it.

My interest in economics and business has reasons. For one thing, born in a business family, I had been influenced by my family’s economics sense and education. For another, I was nurtured in a new China which keeps economic development as its central task and under a backdrop of rapidly growing economic globalization

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1.Which of the following best describes the term economics?

a .A study of government’s role in the monetary affairs of a country.
b. A study of how traditional economies can succeed through adopting new strategies.
c. A study of peoples’ interaction with their government and fellow citizens
d. A study of how people try to satisfy what appears to be seeming unlimited and competing wants through the careful use of relatively scarce resources.

2.Which of the following best describes an economic product?

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Just saying the word ‘entrepreneur‘ should make your heart beat just a little bit faster. An entrepreneur is a business-minded visionary on the cutting-edge of creating a new enterprise. An entrepreneur is someone who can take an idea and add their passion, energy, enthusiasm and know-how to transform what was once a synaptic impulse into a living, growing entity. More than just building a better mousetrap, the entrepreneur uses his ideas and energy to transform the entire mousetrap into industry with his fresh blend of products and services.

Some of the attributes of a true entrepreneur include:

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I’ve discovered Learn.com’s web based courses while searching for educational material pertaining to beginning and developing a small business, and before subscribing I need to know if these substantial courses or if it’s a package of material I could access online from sites such as Entrepreneur.com. I noticed there was a “create your own course” option which allows others to submit their own courses, which has me wonder what the standards are for that site. Are there any reviews for this site, or resources for similar websites? Is this a cheaper alternative to visiting a community college?

1. According to the “guns and butter” example, if a country decides to spend more on military goods, which of the following will happen? (1 point)
The country will have less money to devote to consumer goods.
The country will have an equal amount of money to devote to consumer goods.
The country will be forced to make trade-offs in military purchasing.
The country will have more resources to devote to consumer goods.
2. By the end of the summer, Jason had saved enough money for college from his job as a waiter. He even had some money left over. Although he wanted both, he decided to buy a DVD player rather than a digital camera. Which of the following is the opportunity cost in this scenario? (1 point)
the DVD player
the digital camera
college
the job
3. How does a society answer the three economic questions about the production and consumption of goods and services? (1 point)
Its answer is based on the importance it attches to various economic goals and societal values.
Its answer is based on the importance it attaches to the stock market.
Its answer is based on recent technological advances.
Its answer is based solely on current environmental regulation.
4. Centrally planned economies can work effectively toward explicity stated goals, but which of the following is one disadvantage of such a system? (1 point)
Its performance almost always falls short of its ideals.
These economies can never produce an increase in output.
The workers control all the production factors.
It gives too many rewards for innovation.
5. The purpose of the free enterprise system is to (1 point)
give consumers goods and services free of charge.
eliminate economic choices.
create political campaign slogans.
give consumers freedom to make economic choices.
6. Which word BEST completes the following sentence? Improvements in _____ allow an economy to produce more output from the same or a smaller quantity of inputs. (1 point)
GDP
free enterprise
technology
communication
7. What is a factory building an example of? (1 point)
human capital
physical capital
an economic trade-off
technology
8. An example of an entrepreneur is (1 point)
a writer who is hired by a film studio to adapt a novel into a screenplay.
a lawyer in a high-profile law firm that specializes in business law.
an Olympic ice skater who later decides to join a professional ice show.
an artist who runs a business painting murals in office buildings and restaurants.
9. Human capital includes (1 point)
the salary paid to an accountant.
a taxi driver’s knowledge of the city streets.
the machinery used to weave cloth.
the equipment used by a doctor to cure a patient.
10. Which of the following is NOT an example of a public good? (1 point)
shopping malls
national parks
highways
municipal libraries
Match each term with the correct statement below.
11. government aid to the poor (1 point)
market failure
public policy
externality
welfare
poverty threshold
12. a situation in which goods are not fairly distributed (1 point)
market failure
public policy
externality
welfare
poverty threshold
13. an income level below that which is needed to support families or households. (1 point)
market failure
public policy
externality
welfare
poverty threshold
14. laws and standards on topics of public interest (1 point)
market failure
public policy
externality
welfare
poverty threshold
15. an economic side effect of a good or service that generates benefits or costs to someone other than the person deciding how much to produce or consume (1 point)
market failure
public policy
externality
welfare
poverty threshold
Kelly is an artist. He’s found that he’s very good at painting portraits of children and pets, but he’s not happy doing it. He wants to paint other things. Although none of his other paintings have sold, he believes that they will sell in the future and that if he works very hard at it, his painting could really become great. He can’t predict when that will happen, however, and he has bills to pay now. He uses a decision-making grid to help him decide how to proceed in his career. Answer questions 16-19 based on the information in the grid.
16.

What benefits will Kelly forgo if he chooses to paint what he wants? (1 point)

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When asked about what they want to become in the future, youngsters would often settle for the answer that they do want to be billionaires instead of gaining recognition from award-giving bodies, becoming popular athletes, or landing as famous scientists. What has happened to the young generation? Well, they cannot be blamed. Life has been too harsh all through these years and it is just a natural response for people to prefer gaining their billions whenever they get the chance.

Research studies show how almost a hundred thousand of people earn their millions in every year just in the entire United States! Well, majority of these people are owners of personal businesses. Simply dealing with the matter, these people have started working on their own business ventures so that they will be able to get their profits in due time. Some kind of inspiration, right? So if you want to be a millionaire, learn to work out with a worthy investment! You can always do it. Just arm yourself with enough funds and careful organization of your business plans plus the right attitude, then you can right away expect some profits rolling into your pockets. Don’t you feel excited over the matter?

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1. Which of the following was NOT one of the instructions given to the settlers by King James I? (1 point)
find gold
find a water route to Asia
settle Virginia
cultivate tobacco
2. Which one of the following was NOT a challenge that the settlers faced?
(1 point)
attacks from the Portuguese
attacks from the Algonquian natives
disease
famine
3. To whom was Pocahontas, daughter of the Algonquian chief, married? (1 point)
Francis Drake
John Smith
John Rolfe
Roger Williams
4. Indentured servants received free passage to America from England in exchange for what? (1 point)
their inheritance
a vow of poverty
agreement to work for several years upon arrival
a pledge of allegiance to England
5. Which of the following Jamestown events played a role in the development of America? (1 point)
Convening of a general assembly to create laws for all of Virginia
The “starving time” winter of 1609
Initiation of extensive fur-trading with the natives
The king’s revocation of the Virginia Company Charter
6. Where was the first Puritan settlement in Massachusetts?
(1 point)
Holland
Plymouth
New Hampshire
Providence
7. Whose structured leadership kept the Jamestown colony from dissolving? (1 point)
Sir Walter Raleigh
Sir Francis Drake
Entrepreneur John Rolfe
Captain John Smith
8. Who founded the town of Providence, Rhode Island?
(1 point)
Thomas Hooker
John Smith
John Winthrop
Roger Williams
9. _____ was the first permanent English settlement in North America.
(1 point)
Jamestown
Roanoke
Plymouth
Pennsylvania
10. All of the following were important economic resources in the original 13 colonies EXCEPT:
(1 point)
tobacco
slaves
fur
oil

One of the most pressing needs for our day-to-day existence is money. Most of us also have the notion that one of the fast and simple ways to make money is by becoming entrepreneurs. Though this is partly true, the fact is that your business needs to be successful for you to start cashing in on it. In this article, let us look at the principle for business success that would enable us to becoming successful entrepreneurs.

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Economics Quiz! pls help?
1.Which of the following best describes the term economics?

a .A study of government’s role in the monetary affairs of a country.
b. A study of how traditional economies can succeed through adopting new strategies.
c. A study of peoples’ interaction with their government and fellow citizens
d. A study of how people try to satisfy what appears to be seeming unlimited and competing wants through the careful use of relatively scarce resources.

2.Which of the following best describes an economic product?

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1/There seem to have been feverish machinations :

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In September 1993, ASC notified sub-contractor Rockwell of a default in contract (non-delivery of the combat system), but were not allowed by Defence to proceed and instead the delivery method was further changed from two-stage to multiple increments, with increasing functionality and complexity to be introduced with each delivery.>>

http://www.defence.gov.au

/minister/1999/collins.html

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