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Cards in this guide (20)
What does a government budget reveal

the spending plan for the fiscal year

Which kind of stock market analysis focuses on overall trends in the market

Technical analysis is the kind of stock market analysis that focuses on overall trends in the market.

Why do governments provide public goods

The free market is incapable of providing these essential goods.
Private companies cannot profit by providing them.

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

Why does the government sometimes use no-bid contracts

to protect national security

What best explains how bondholders and banks serve a similar function

They are both holders of someone else's debt.

What accurately describes how raising the required reserve ratio reduces the money supply

When the required reserve ratio is raised, banks must loan out a smaller portion of their reserves, resulting in fewer loans.

Which of the following is not a way the government can cover a budget deficit

selling stocks,

exchanging currency

What is rural-commodity market

Farmer's market where fresh products are sold hearby.

What is an example of a businessman making an investment

he contributes money to a partnership

Leverage enables currency traders to which of the following

Make large currency trades using small amounts of money

APEX:)

What best describes why banks aren't allowed to loan out all of their deposits at once

. If banks loaned out all of their deposits, it would be impossible to meet customers' demands for withdrawals

Which of the following most accurately explains why money differs from commodity money

Fiat money only has value as a medium of exchange. Apex

Which best explains why the money supply is decreased when the government issues bonds

The purchase of bonds reduces the bond buyers' bank accounts.

What is the purpose to approving pork barrel spending

To win political support

Which of the following describes a condition that is favorable for conducting an IPO

A bull market.

What agency is responsible for preparing a budget proposal for the president to submit to Congress

Put the following steps involved in creating the federal budget in their correct

order, from start to finish.

First step

The Office of Management and Budget (OMB) prepares a budget

proposal.

Congress decides on the overall level of spending and taxation and

passes specific spending bills.

T

The president submits a budget proposal to Congress.

1. The president signs the spending bills into law.

Final step

What accurately explains what an exchange rate of 120 between the Canadian dollar in Japanese yen means

It only takes one Canadian dollar to buy 20 Japanese yen

What government agency is responsible for preparing a budget proposal for the president to submit to congress

Office of Management and Budget (OMB)

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

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