<a class="hover:no-underline headline1 text-primaryText" href="https://www.answers.com/guide/1830">Economics

Banking

Economics

Doris Carter ∙

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∙ 2021-09-30 20:42:27

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Term1/21

Which of the following most accurately explain why commodity money has value

Definition1/21

Commodity money is a good that can be used as a medium of exchange or for some other purpose.

Term1/21

Which governmental organization currently serves as the central bank of the US

Definition1/21

sloppy but crack

Term1/21

What problem did banks established by the National Bank Acts have

Definition1/21

The Ability To Give Someone Back His Or Her Deposits.

Term1/21

What do board members of the Federal Reserve obtain their positions

Definition1/21

They are appointed by the president and confirmed by the Senate.

Term1/21

What form of money has value only because the government says it does

Definition1/21

representative money (A+)

-Emmy aka Hello Kitty

Fiat Money (A+)

-Hailey

Term1/21

Which factor of production is used by manufacturing firms for a physical location

Definition1/21

land

Term1/21

What is the portion of the US Constitution that gives Congress the power to coin money commonly referred to as

Definition1/21

Currency Clause

Term1/21

What is created to money serves as a standard to place value on goods and services

Definition1/21

unit of account

Term1/21

Which economic theorists believed that overpopulation would cause labor to overwork the land

Definition1/21

Thomas Robert Malthus believed that overpopulation would cause labor to overwork the land.

Term1/21

What is the purpose of antitrust laws and regulations

Definition1/21

Ensure markets operate competitively.

Term1/21

Who oversees the operations of the Federal Reserve

Definition1/21

board of directors

Term1/21

Which type of corporations are those owned by stockholders

Definition1/21

private corporations

Term1/21

How is sales tax figured

Definition1/21

It is a specified percentage of the tax base.

Term1/21

How are net exports calculated

Definition1/21

by subtracting a country's imports by the exports

Term1/21

Which of these is not a benefit of using an assembly line to produce goods

Definition1/21

it allows workers to only learn one task A+

Term1/21

Who elects the board members for a stock corporation

Definition1/21

stockholders

Term1/21

What of these will happen if a country imports less than it exports

Definition1/21

Net exports will be positive and will add to the calculation of GDP.

Term1/21

Which level of government is income tax imposed

Definition1/21

Federal and State

Term1/21

Why were Quesnay's theories were based on a simple model of the economy which consisted of which classes

Definition1/21

Landowners, Farmers, Businessmen and Craftsmen.

Term1/21

How long did the charter for the First Bank of the United states last

Definition1/21

20 years

Term1/21

A firm is dependent on which of these to help it make decisions about production

Definition1/21

consumer taste

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Cards in this guide (21)

Which of the following most accurately explain why commodity money has value

Commodity money is a good that can be used as a medium of exchange or for some other purpose.

Which governmental organization currently serves as the central bank of the US

sloppy but crack

What problem did banks established by the National Bank Acts have

The Ability To Give Someone Back His Or Her Deposits.

What do board members of the Federal Reserve obtain their positions

They are appointed by the president and confirmed by the Senate.

What form of money has value only because the government says it does

representative money (A+)

-Emmy aka Hello Kitty

Fiat Money (A+)

-Hailey

Which factor of production is used by manufacturing firms for a physical location

land

What is the portion of the US Constitution that gives Congress the power to coin money commonly referred to as

Currency Clause

What is created to money serves as a standard to place value on goods and services

unit of account

Which economic theorists believed that overpopulation would cause labor to overwork the land

Thomas Robert Malthus believed that overpopulation would cause labor to overwork the land.

What is the purpose of antitrust laws and regulations

Ensure markets operate competitively.

Who oversees the operations of the Federal Reserve

board of directors

Which type of corporations are those owned by stockholders

private corporations

How is sales tax figured

It is a specified percentage of the tax base.

How are net exports calculated

by subtracting a country's imports by the exports

Which of these is not a benefit of using an assembly line to produce goods

it allows workers to only learn one task A+

Who elects the board members for a stock corporation

stockholders

What of these will happen if a country imports less than it exports

Net exports will be positive and will add to the calculation of GDP.

Which level of government is income tax imposed

Federal and State

Why were Quesnay's theories were based on a simple model of the economy which consisted of which classes

Landowners, Farmers, Businessmen and Craftsmen.

Why is the willingness to pay more for goods and services destructive to the nation's economy

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