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Economics

Gonzalo Koch ∙

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Term1/13

When the government runs a budget deficit what must it eventually do in order to pay back its debt

Definition1/13

Have a budget surplus

Term1/13

What does enforcing consumer-protection regulations involve

Definition1/13

Government censorship

Term1/13

What happens to the expenses involved in compliance with government regulations

Definition1/13

passed on to the consumer

Term1/13

What would be an example of a land-use law

Definition1/13

A town zones an area for residential buildings only. This is an example of a land use law.

Term1/13

Environmental-protection laws can be bad for the economy because they may do what

Definition1/13

Environmental-protection laws can be bad for the economy because they may increase unemployment.

Term1/13

The government can prevent the shortages that accompany price ceilings by doing what

Definition1/13

Rationing

Term1/13

Which of these is not an example of a trade restriction A Tariffs B Quotas C Rationing D Subsidies

Definition1/13

for a similar question:

taking land to build an airport

Term1/13

What is an example of a labor law in economics

Definition1/13

A restriction on when a union may call a strike

Term1/13

What time is Churchill most clearly using

Definition1/13

I cannot answer this question.

Term1/13

Match each organization with its correct relationship to the government

Definition1/13

A. Social security _ government agency

B. U.S. Postal Service _ government corporation

C. Boeing _ government contractor

Term1/13

Match each type of good with the sample good it represents (apex)

Definition1/13

Merit good : education

Public good : national security

Individual good : food

Term1/13

Match each type of unfair business practice with its description (apex)

Definition1/13

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.

Term1/13

Match each organization with the correct labels (apex)

Definition1/13

Organization of Petroleum Exporting Countries competition regulator

Lockheed Martin Corporation government contractor

Antitrust Division of the Department of Justice cartel

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Cards in this guide (13)

When the government runs a budget deficit what must it eventually do in order to pay back its debt

Have a budget surplus

What does enforcing consumer-protection regulations involve

Government censorship

What happens to the expenses involved in compliance with government regulations

passed on to the consumer

What would be an example of a land-use law

A town zones an area for residential buildings only. This is an example of a land use law.

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.

The government can prevent the shortages that accompany price ceilings by doing what

Rationing

Which of these is not an example of a trade restriction A Tariffs B Quotas C Rationing D Subsidies

for a similar question:

taking land to build an airport

What is an example of a labor law in economics

A restriction on when a union may call a strike

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

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.

What does enforcing consumer-protection regulations involve

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Economics

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Economics

What does a budget reveal about a government

What is one effect of a price floor

What do capital controls prevent

What does the budget of the US government represent

Economics

Where does the government get money from

What is the purpose of a price ceiling

Compulsory education restricts whose freedom

What does a budget reveal about a government

Economics

What is the purpose of a price ceiling

What does a budget reveal about a government

Freedom of expression is limited by what

What do capital controls prevent

Economics

Compulsory education restricts whose freedom

When the government runs a budget deficit what must it eventually do in order to pay back its debt

Freedom of expression is limited by what

What is one effect of a price floor

Politics and Government

What is the purpose of a price ceiling

What does a budget reveal about a government

How can recent government spending be best described

What does enforcing consumer-protection regulations involve

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