Cards in this guide (18)
What best describes the effect of a tariff on the import of cars from a foreign country
Foreign cars become more expensive.
Which of the following is a trait of public goods
An increase in the standard of living results from an increase in what
an increase in standard of living comes from increase in income. An increase in national income will increase the standard of living of the people of that nation.
Income
Which of the following is one disadvantage for a company that goes public
The pressure to make profits is increased.
Which of the following best explains why buying a single family home in a city is a good investment
Housing prices in cities generally increase more quickly than
anywhere else.
What is rural-commodity market
Farmer's market where fresh products are sold hearby.
What accurately describes a situation in which consumers have inelastic demand
People cannot quit drinking coffee even though they want to cut
down on caffeine intake.
Which best explains why large companies pay less for goods from wholesalers
Large companies can buy all or most of a wholesaler's stock.
Which is the following limits the freedom of both employers and workers in the labor market
The existence of a minimum wage.
What is the following situations would the price of a good be most likely to decrease Apex
The development of a new energy source reduces production costs for a company.
Because immigration can result in an increase in the supply of labor what can immigration result to
A general decrease in wages. - Apex
What are the following actions is most likely to result in an increase in the money supply (Apex
The friend buys millions of dollars in Treasury bonds
Which of the following accurately describes the effect of a situation of scarcity
Ask us of the following most accurately explains why fiat money differs from commodity money
Fiat money has value bc the gov. declares that it has value.
What if the following describes a situation in which there would be a decreasing marginal utility
Buying a second winter coat.
What of the following best explains why treasury bonds have an effect on the size of the money supply
The Federal Reserve Bank can buy and sell these bonds to raise or lower bank deposits. APEX
Which of the following is an example of expansionary fiscal policy
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
