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☆☆☆☆☆Cards in this guide (12)
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
Making tax cuts
In an economic system decisions need to be made about productive resources and which of the following
Allocation
What are the correct steps to show how a budget is made
a
b
d
c
Which is most likely to lead to a decrease in the price of a companys stock
Annual profits decrease
Match each of the terms below with an example that fits the term.
Idk
I dont know
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.
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