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Economics

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Dianna Carter

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Cards in this guide (21)
What do capital controls prevent

Speculators from rushing into and out of a country's market and disrupting its economy./

What does the budget of the US government represent

an agreement among various politicians about public spending

What is one of the requirements that a company must meet when it begins to sell shares in a stock market

The company must disclose details about its finances.

What best explains what happens when a currency is pegged to the us dollar

The value of the pegged currency goes up and down depending on the exchange rate of the U.S. dollar.

ALSO

Pegging a currency to the U.S. dollar gives that currency the same stability as the U.S. dollar, keeping its exchange rate from fluctuating too wildly.

Currency traders buy on margin so they can do which of the following

Make large currency trades using small amounts of money.

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.

Why do people gamble online

People chose to gamble online for various reasons:

  • They do not live near a casino
  • They do not like crowds of people
  • They do not like the smoke
  • The legal age to gamble online is 18+
  • Some land based casinos require you to be 21+
  • An online casino may have an attractive bonus
Monetary policy in the US is carried out primarily by what agencies

The Federal Reserve Bank

How is a cooperative building owned

The residents are shareholders in a corporation that owns the building, and shareholders are given exclusive use of residences or units.

Which of the following explains why government sets a required reserve ratio for private banks

To make sure banks don't run out of money when customers make withdrawals

What is the influence of branding on price sensitivity

The main purpose of branding products is to create relatively inelastic demand for the product

Which of the following is another term for market clearing price

equilibrium price

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

Which of he following is an advantage of a partnership

Specialization. A+

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

The commodity market is which of the following

Volatile market -APEX

Which of the following accurately describes the effect of a situation of scarcity

Jjj

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.

Which of the following is an example of expansionary fiscal policy

cutting taxes

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