Cards in this guide (11)
Why does globalization lead to a reduction in wages in developed countries
Increased mobility allows producers to move jobs to lower-cost
labor markets.
What is most likely to lead to an increase in wages
The formation of a labor union
How has the Internet benefited the economy
By improving communication and allowing greater trade and
specialization
Under a fractional reserve banking system the amount of money loaned out can only increase if what happens
The required reserve ratio is lowered.
Which is not a policy tool used by the Fed
What are the correct steps to show how a budget is made
Which is most likely to lead to a decrease in the price of a companys stock
Match each of the terms below with an example that fits the term.
What time is Churchill most clearly using
I cannot answer this question.
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
Match each type of unfair business practice with its description (apex)
1.Vendor lock in: a company say a wide range of product can be used with its products but this is not true.
- Price fixing: a group of companies agree that all of them will charge the same price.
3.Predatory pricing: a large company charges a price below production cost in order to eliminate small competitors.