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Economics

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Edward Lakin

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Cards in this guide (19)
Which is an example of a government policy that protects domestic producers against international competition

Subsidies

Which of the following statements best describes how investors behave when engaged in socially responsible investing

They invest in companies with a business model and social mission that they support

What accurately describes the process of currency exchange

Money from one country is bought using money from another country.

Currency traders buy on margin so they can do which of the following

Make large currency trades using small amounts of money.

Which of the following describes the most likely effect of the sale of a new batch of Treasury bonds

A decrease in the money supply

Which of the following is one disadvantage for a company that goes public

The pressure to make profits is increased.

Which of the following factors would be most likely to lead to an successful IPO

A company offering an IPO during a bull market is likely to lead to a successful IPO.

Which best explains the purpose of issuing a bond

Not to manage an economy, to help stabilize a currency, or to help consumers purchase services, but to raise money.

What do economists use to measure the personal satisfaction someone gets from consuming goods and services

Utility because it's a term in economics that refers to the total satisfaction received from consuming a good or service.

Which of the following best describes how the federal reserve bank keeps banks during a bank run

The Federal Reserve Bank manages the U.S. economy by controlling the money supply.

Which term best describes the rate at which a country's currencies convert to other currencies

exchange rate

Because immigration can result in an increase in the supply of labor what can immigration result to

A general decrease in wages. - Apex

Which of the following is a disadvantage of debt financing

Banks are usually unwilling to fund a business in its early stages of development. Banks generally don't want to take the risk that a business will fail and default on its debt obligations.

Which of the following best states the expectations of venture capitalism's

Large returns in a short period of time

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

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What of the following best explains why treasury bonds have an effect on the size of the money supply

The Federal Reserve Bank can buy and sell these bonds to raise or lower bank deposits. APEX

Which of the following is an example of expansionary fiscal policy

cutting taxes

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