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Economics

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Adrianna Wiegand

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2y ago
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Cards in this guide (17)
What are aspects of intellectual property

Copyright, patents, rights in music, and performance rights are all aspects of intellectual property

Why was the Rural Electrification Administration formed

promote electricity accesss to the poor rural population

Where is the world trade organization headquartered

Switzerland

What is the term for the decentralized market where currencies are traded

F e m

Which government agency sets wage standards

Department of Labor

When does a trade surplus occur

When a country exports more goods then it imports

How did John Maynard Keynes view government's role in the economy

He advocated a strong role of govt. in managing the economy...

Which of these involves a representative who discusses proposed changes in the terms of a labor contract on behalf of employers and employees

collective bargaining

What does the Environmental Protection Agency have the authority to do

Penalize and shut down businesses that do not follow its regulations.

Which policy has a more direct influence on the private sector

Monetary policy has a more direct influence on the private sector

Which of these is a possible result of a trade deficit

The country may need to borrow money to make up for the loss in funds.

Which government agency regulates job safety in the workplace

department of labor

Which of these is a social insurance program that pays cash benefits to the aged

social security

What sources are most Interstate Highway System funds allocated

fuel taxes

Which of the fine is not included under the umbrella of intellectual property

Expressed warranty

To what does the term domestic goods refer

goods manufactured outside of the home nation

A shortage of a natural resource can lead to which phase in the business cycle

recession

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