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Economics

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Susanna Eichmann

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Cards in this guide (20)
What explains the difference between a tax and a tariff

Taxes are paid on domestic economic activity while tariffs are paid on international trade.

What most accurately describes the difference between a discount broker and a full-service broker

Discount brokers don't give investment advice or do stock market analysis

Which of the following is an example of an investment

Buying shares in a company

What does someone using fundamentals analysis look at when analyzing a particular stock

Someone using fundamentals analysis looks at a company's traits such as revenues and earnings per share.

Many market trends are intensified by a instinct among investors

herd

A system involves the direct exchange of goods and services without the use of money as a medium of exchange

A _barter_ system involves the direct exchange of goods and services without the use of money as a medium of exchange.

What pairs of prefixes are closest to each other in size

Which of the following pairs of prefixes are closest to each other in size?

What best states the difference between seed capital and startup capital

Seed capital is for research and planning while startup capital is for operating expenses.

How were slaves affected by the new republic

Some northern states made slavery against the law.

What best explains why raising the discount rate affects the money supply

When the discount rate is high, banks keep more reserves on hand to avoid paying a lot to borrow from the Fed... Apex :)
When the discount rate is high, banks keep more reserves on hand to avoid paying a lot to borrow from the Fed.

What best explains why the money is increased when Fed buys treasury bonds

There is no following provided?

Which of the following terms best describes the process by which the government controls interest rates and the money supply in order to influence the economy

monetary policy

Which of the following accurately explains how profit is calculated (Apex)

cost are subtracted from revenues

Which of the following actions is most likely to result in an increase in the money supply

The Fed buys millions of dollars in Treasury bonds

Which of the following accurately describes the effect of a situation of scarcity

Jjj

Ask us of the following most accurately explains why fiat money differs from commodity money

Fiat money has value bc the gov. declares that it has value.

Most accurately describes the difference between common stock and preferred stock

Hfhghfy

What is an example of a labor law in economics

A restriction on when a union may call a strike

Which of the following is an example of expansionary fiscal policy

cutting taxes

Match each organization with its correct relationship to the government

A. Social security _ government agency

B. U.S. Postal Service _ government corporation

C. Boeing _ government contractor

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