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Economics

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Riley Glover

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Cards in this guide (19)
What are aspects of intellectual property

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

Which document allowed the states to develop their own forms of currency

Articles of Confederation

Which of these government securities cannot be publicly traded

U.S. savings bonds

Which of these does not describe the Labor Management Reporting and Disclosure Act

It clearly defines the democratic procedures unions must adopt.

What cannot be imposed by the Federal Government

Morality

Which of these are documents that promise future repayment at a specific time or in intervals over time

Certificates of deposit

Which of these factors almost always has a positive effect on an economy

technology

Which statement describes an expansion

People and businesses consume more products and services.

When firms begin to pay higher wages to keep their current employees and attract new employees what happens as a result of the increased wages

Prices of goods and services increase, leading to an economic slowdown.

What terms best describes an individual who owns a business

sole proprietor

Which of these is not a service provided by the government using revenue from taxes

Private Schools (A+)

Shortages or spikes in which of the following can have a potential impact on a global economy

energy

Upon what are changes to the fair labor standards act based

Economic & social needs.

Which point in the business cycle has the greatest economic activity

Peak a+

What do most businesses and citizens prefer

Stable economy

Which phase in the business cycle occurs when the GDP increases and the amount of and services produced increases

Expansion

In the circular flow model firms compensate households with which items

households

Which economists published the Tableau économique

François Quesnay

The works of which economist lead to a more quantitative study of economics

François Quesnay

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