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Economics

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Nash O'Hara

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Cards in this guide (19)
What act prohibits discrimination with regard to service in hotels movies and theaters

Civil Rights Act of 1964

In this department the Bureau of Economics provides an analysis of the nations economy including the GNP

commerce

What type of tax is the chief source of income for local governments today

property

The shipping industry can be severely crippled at all seaports if this union goes on strike

longshoreman

Caveat emptor means that the producer will be protected against fraudulent business practices but must protect the consumer

false

Social security payments may be paid to dependent surviving children until they are 18

Social security payments may be made to dependent children until they are 18.

true

Which of these is the most liquid asset

money

What is the period of time when the overall economic conditions are improving called

expansion

All policies that impede the flow of goods from one country to another are eliminated

Free trade involves eliminating policies that impede the flow of goods from one country to another. These ambitions have been met with much opposition and support.

From 1930 to 1940 the early policies of Keynes developed The main focus of these policies was oriented toward two specific problems What were these problems

Depression and Unemployment.

Workers remain in one place on an assembly line

true

A machine wearing out is an example of which of these

capital consumption

Division of labor means that production takes place with workers separated into groups according to what

skill

Fewer jobs are available and unemployment is rising during which of these times

recession

A sales tax on gasoline is and example of what type of tax

A sales tax on gasoline is an example of sales tax.

Whinch of these terms is included in the definition of commerce

construction of highways.

Are gross domestic product and net national product equal

(gross national product or GNP) minus depreciation = net national product

Choose the correct definition of a person who is bankrupt

a person who cannot pay his or her debts

What will the federal government (Federal Reserve Bank) do in an attempt to encourage saving and investing

raise dividend rates

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