Cards in this guide (17)
How can recent government spending be best described
Environmental-protection laws can be bad for the economy because they may do what
Environmental-protection laws can be bad for the economy because they may increase unemployment.
Consumer-protection regulations are beneficial because they increase what
What does increasing consumer confidence do
Increases purchases from producers
The government can prevent the shortages that accompany price ceilings by doing what
The process of globalization involves an increase in what
The mobility of goods, services, labor, and capital
How might a country respond to a trade embargo
It could pursue a policy of national self-sufficiency.
What does complying with consumer-protection regulations do
Complying with consumer protection regulations increases
production costs and raises prices.
Which of the following does not promote increased international trade and economic growth
Type your answer here... High tariffs
What is the justification of the progressive taxation method
The idea that taxation should be based on the ability-to-pay
principle
What's 5 percent charged on profits from selling stocks
Environmental-protection laws limit what
The exploitation of natural resources
What is gross income minus any adjustments deductions and exemptions
What is an example of a labor law in economics
A restriction on when a union may call a strike
Which of the following is an example of expansionary fiscal policy
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 organization with the correct labels (apex)
Organization of Petroleum Exporting Countries competition regulator
Lockheed Martin Corporation government contractor
Antitrust Division of the Department of Justice cartel