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Economics

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Wyatt Olson

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Cards in this guide (10)
What is a strong durable rubber

a goodyear vulcanized tire is a good example of a durable rubber

List two forms that technological advancement can take and give an example of each form

Technological advancement can be seen as progress within society. For example, people living better is progress. Another way you can see technological advancement is through the use of advanced devices.

What are the components of business cycle

The components of the business cycle is Prosperity, Recession, and depression.

What change in monetary policy could eventually cause overborrowing and overinvestment

a decrease in the money supply

Why do many members of congress often vote as partisans

To satisfy the members of their political party.

When does the house consider bills from the corrections calendar

Tuesdays

Which of the following statements concerning price indexes is not accurate

A Price indexes assist the government in making policy decisions

B Price indexes produce an average of prices that economists can compare to earlier averages

C Price indexes assist consumers and businesses in making economic decisions

D price indexes define the cost of goods in the entire economy at a given point in time

In drunken driving cases the police must conduct tests on suspects

fair and safe

Antitrust laws allow the U.S. government to do all of the following except .

stop firms from selling new products

Undocumented aliens are most common in states

the southwest

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