Cards in this guide (22)
What kind of loans does the World Bank make
The world bank lends money to memeber nation so that they could be carry out the work of public importance and usefulness.
What is one effect of a price floor
What is one economic effect of environmental-protection laws
Higher prices for consumers--APEX
Natural resources necessary for production are safeguarded.
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.
What does increasing consumer confidence do
Increases purchases from producers
What does conditionality require of countries getting loans from the IMF
The acceptance of economic policy recommendations
What can discretionary funds be used to pay for
Discretionary funds are government spending by passing an
appropriations bill to pay for a program such as military spending
or education. The money is raised and can only be spent on the
program in the bill.
What was the relationship between colonizing countries and their colonies
The colonizers used the resources of their colonies to grow
their own economies.
The process of globalization involves an increase in what
The mobility of goods, services, labor, and capital
What limits specialization in the global economy
What's 5 percent charged on profits from selling stocks
Government corporations can be described as which of the following
privite sector companies
Independently run
Apex :P
What is one thing the government must do to enforce consumers protection regulations
Test new products for safety and effectiveness.
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
How does globalization hurt the United States economy
by bringing wage reductions
What time is Churchill most clearly using
I cannot answer this question.
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 good with the sample good it represents (apex)
Merit good : education
Public good : national security
Individual good : food
Order to make up for a budget deficit the government can do what (Apex)
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.
- 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.
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