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Economics

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Laverna Conn

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Cards in this guide (19)
When a company goes public it begins doing what

Selling shares of stock

How can the Better Business Bureau help consumers resolve their complaints

By providing mediation services

Why are student loans usually guaranteed by the government

Banks don't have any collateral for student loans.

Put the phases of the business cycle in the correct order in which they follow a recession

Depression

Recovery

Boom

Recession

How has the Internet benefited the economy

By improving communication and allowing greater trade and specialization

Rationing is an attempt to limit shortages that naturally result from what

Price ceiling

Which of these is most likely to lead to a decrease in the price of a good

Demand decreases and supply remains the same would lead to a decrease in the price of a good.

Which is a procedure that quantifies the personal value of a purchase

the purchase price is calculated as a certain number of working hours.

Help you match each author with correct era

You can match authors with the correct era by visiting your local library. A librarian can help you find all you need to know about each author and their works.

What are concerns that socially responsible consumers have

Production costs.

What is a not a way the fed can generate an increase in the money supply

Cutting taxes

What is the benefit of purchasing a product with a warranty-

The benefit is that in case the product does not work or breaks down, it can be replaced by the company.

What production practices promotes sustainable developement

The use of renewable resources

What sacrifice are boycotters likely to make

going to jail

What time is Churchill most clearly using

I cannot answer this question.

Which of the following is an example of expansionary fiscal policy

cutting taxes

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.

  1. 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.

Which statement best describes the effect of word choice on the tone of the excerpt

words like β€œviolenceβ€œ and β€œbloodshed” give the excerpt a threatening tone

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