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Kathryn Lebsack

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Term1/18
What type of policy is a certainty that the insurance company will have to make payment
Definition1/18

None.

Term1/18
Why does globalization lead to a reduction in wages in developed countries
Definition1/18

Increased mobility allows producers to move jobs to lower-cost labor markets.

Term1/18
What is most likely to lead to an increase in wages
Definition1/18

The formation of a labor union

Term1/18
When a company goes public it begins doing what
Definition1/18

Selling shares of stock

Term1/18
How has the Internet benefited the economy
Definition1/18

By improving communication and allowing greater trade and specialization

Term1/18
Under a fractional reserve banking system the amount of money loaned out can only increase if what happens
Definition1/18

The required reserve ratio is lowered.

Term1/18
Which is not a policy tool used by the Fed
Definition1/18

Making tax cuts

Term1/18
Economics is about the production of goods and services which requires the allocation of what
Definition1/18

Resources

Term1/18
Which of these is most likely to lead to a decrease in the price of a good
Definition1/18

Demand decreases and supply remains the same would lead to a decrease in the price of a good.

Term1/18
Match each type of business with one of its features
Definition1/18

There are many types of business and their respective features. One business is the grocery store and one of its features is that it sells food.

Term1/18
In an economic system decisions need to be made about productive resources and which of the following
Definition1/18

Allocation

Term1/18
What are the correct steps to show how a budget is made
Definition1/18

a

b

d

c

Term1/18
Which is most likely to lead to a decrease in the price of a companys stock
Definition1/18

Annual profits decrease

Term1/18
Which is most likely to lead to an increase in the price of company's stock
Definition1/18

Its profits increase

Term1/18
Match each of the terms below with an example that fits the term.
Definition1/18

Idk

I dont know

Term1/18
What time is Churchill most clearly using
Definition1/18

I cannot answer this question.

Term1/18
Match each organization with its correct relationship to the government
Definition1/18

A. Social security _ government agency

B. U.S. Postal Service _ government corporation

C. Boeing _ government contractor

Term1/18
Match each type of unfair business practice with its description (apex)
Definition1/18

1.Vendor lock in: a company say a wide range of product can be used with its products but this is not true.

  1. 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.

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Cards in this guide (18)
What type of policy is a certainty that the insurance company will have to make payment

None.

Why does globalization lead to a reduction in wages in developed countries

Increased mobility allows producers to move jobs to lower-cost labor markets.

What is most likely to lead to an increase in wages

The formation of a labor union

When a company goes public it begins doing what

Selling shares of stock

How has the Internet benefited the economy

By improving communication and allowing greater trade and specialization

Under a fractional reserve banking system the amount of money loaned out can only increase if what happens

The required reserve ratio is lowered.

Which is not a policy tool used by the Fed

Making tax cuts

Economics is about the production of goods and services which requires the allocation of what

Resources

Which of these is most likely to lead to a decrease in the price of a good

Demand decreases and supply remains the same would lead to a decrease in the price of a good.

Match each type of business with one of its features

There are many types of business and their respective features. One business is the grocery store and one of its features is that it sells food.

In an economic system decisions need to be made about productive resources and which of the following

Allocation

What are the correct steps to show how a budget is made

a

b

d

c

Which is most likely to lead to a decrease in the price of a companys stock

Annual profits decrease

Which is most likely to lead to an increase in the price of company's stock

Its profits increase

Match each of the terms below with an example that fits the term.

Idk

I dont know

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 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.

  1. 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.

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