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🏦 Economics

Economics is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work.

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Q: What represents businesses that have a specific legal identity separate from the identity of the person or persons who operate the business
1 answer
Q: The 2005 median annual income of workers with a four year college degree will provide Social Security checks totaling 15024 annually How does this compare to the government's poverty and low income
1 answer
Q: Which was not a problem face by the ford administration
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Q: What is an example of scarcity rather than shortage
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Q: What are the main sources of revenue for local governments
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Q: If the country is in a recession what will the government do to the interest rates to stimulate the economy
1 answer
Q: Which of the following is not an example of one of the four main advantages of prices in a free market economy
1 answer
Q: Who provides health insurance for the elderly the poor and the disabled
1 answer
Q: What department is responsible for economic regulatory administration enforces laws regulating oil drilling on federal lands
1 answer
Q: Do multibank holding companies have economies of scale
1 answer
Q: What are the three ways the Federal reserve can change the money supply
1 answer
Q: The power not specifically granted to the federal government are vgiven to the states This is the reserved clause in which amendment of the US Constitution
1 answer
Q: The measurement of economic growth begins with the GNP.
1 answer
Q: Costs of a production that affect people who have no control over how much of a good is produced
1 answer
Q: Which president believed in the principle of trickle down economics
3 answers
Q: What theme would you use to examine the reason for the formation of OPEC
1 answer
Q: What was the rate of inflation between the base and 1989 if the CPI for 1989 was 124
1 answer
Q: What is the simple interest of a loan for 1000 with 5 percent interest after 3 years
1 answer
Q: Why money is not consider as a factor of a production
2 answers
Q: What terms best describes an administrative system operated by multiple departments
1 answer
Q: What tools are commonly used to study economic culture
1 answer
Q: Are gross domestic product and net national product equal
1 answer
Q: In 1776 Adam smith developed what theories
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Q: Which of the following best describes ricin production
1 answer
Q: How can a trade deficit actually increase the productivity of an economy
1 answer
Q: In what ways can culture impact economics
1 answer
Q: Which of the following is true of decisions made using cost-benefit analsis
1 answer
Q: What statement is the best description of the Office of Economic Stabilization
1 answer
Q: What characteristic of economic panics in the early 1800s
1 answer
Q: Accurately explains the difference between the stock market and the bond market
2 answers
Q: What was not a belief of Adam Smith
1 answer
Q: A nation must answer each of these basic economic questions except
1 answer
Q: What is one benefit of consumer-protection regulation
1 answer
Q: What are the benefits of Marginal cost
1 answer
Q: Ask us of the following is not a disadvantage of offering the sale of shares in a company
1 answer
Q: Which of these statements is most complete with regard to the role of the producer in an economy
1 answer
Q: The potential labor force is the same as the civilian labor force
1 answer
Q: What is the purpose of a letter-writing campaign conducted by a group of consumers
1 answer
Q: Under the old communist economic system people could usually count on
1 answer
Q: In which year was the Federal Reserve System created
1 answer
Q: What do we mean when we say invisible hand
1 answer
Q: What strategy did the us Navy use in the caribean
1 answer
Q: What right does a business owner receive in return for a fee to a franchiser
1 answer
Q: What is a cartel and is such merger profitable
1 answer
Q: Goods and services are exchanged without the use of money in which system
2 answers
Q: Which of the following statements accurately describes how cost and benefits care calculated
1 answer
Q: What is lost by choosing one option instead of another
1 answer
Q: The measure of the success of an economy is the Gross National Product
1 answer
Q: Which term refers to the decrease in value of goods after they are sold
1 answer
Q: The primary difference between a change in demand and a change in the quantity demanded is
1 answer
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