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Economics

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Aylin Schulist

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Cards in this guide (16)
How much is 10 dollars worth in japanese yen

1 US Dollar equals 117.70 Japanese Yen. Therefore 10 dollars is worth $1177.03

What is the main function of the Telephone Consumer Protection act of 1991

It allows the FCC to create rules that limit unsolicited phone calls to consumers by businesses and organizations.

Which term is defined as a government supports or pays part of the cost of production

subsidization

What does not fall under the umbrella of the Environmental Protection Agency

prescription drug safety

What best describes market prices that change often and to a great degree with dramatic spikes and plunges

Volatile is the word that best describes market prices that change often and to a great degree with dramatic spikes and plunges.

Why will the baby-boomer generation be a potential problem for government spending

the ratio of workers to retirees will be low, which will lower the income tax base from which to fund Social Security

What is the goal of government involvement in currency exchange rates

Keep it stable

Which is not considered an entitlement payment

income tax refund

Which government programs help cover costs of retired Americans

social security & medicare. -- A+

Most favored nation status tends to grant the recipient which of these

Most favored nation status tends to grant the recipient with the same trade concessions.

What is a trade surplus

country export more than they import

Shortages or spikes in which of the following can have a potential impact on a global economy

energy

What does it mean to say the unemployment problem in America is structural in nature

a large portion of the population does not have the skills that are truly needed by the economy for growth

Which of the fine is not included under the umbrella of intellectual property

Expressed warranty

What would apply to an original piece of art such as a song or movie script

A copyright.

Which of these statements about foreign aid is not true

the giving nation

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