the government gets money from the taxes people pay TAXES
🔄 Click to see term
Term1/21
Name three new business practices of global trade
🔄 Click to see definition
Definition1/21
Global trade involves business practices that cross
international borders. Modern business practices may include
multiple locations being used as well as telecommunication via
teleconferencing.
🔄 Click to see term
Term1/21
What kind of loans does the World Bank make
🔄 Click to see definition
Definition1/21
The world bank lends money to memeber nation so that they could be carry out the work of public importance and usefulness.
🔄 Click to see term
Term1/21
What do banking regulations prohibit
🔄 Click to see definition
Definition1/21
Money laundering
🔄 Click to see term
Term1/21
What would be an example of a land-use law
🔄 Click to see definition
Definition1/21
A town zones an area for residential buildings only. This is an
example of a land use law.
🔄 Click to see term
Term1/21
Environmental-protection laws can be bad for the economy because they may do what
🔄 Click to see definition
Definition1/21
Environmental-protection laws can be bad for the economy because they may increase unemployment.
🔄 Click to see term
Term1/21
What does increasing consumer confidence do
🔄 Click to see definition
Definition1/21
Increases purchases from producers
🔄 Click to see term
Term1/21
How can a country respond to a trade embargo
🔄 Click to see definition
Definition1/21
By seeking other trading partners
it could pursue a policy of national self-sufficiency
🔄 Click to see term
Term1/21
What limits specialization in the global economy
🔄 Click to see definition
Definition1/21
Trade barriers.
🔄 Click to see term
Term1/21
When might a country specialize in producing a particular good
🔄 Click to see definition
Definition1/21
When a country has an absolute advantage in production of that
good it may specialize in producing that good.
🔄 Click to see term
Term1/21
What does predatory pricing involve
🔄 Click to see definition
Definition1/21
A large company charging below its production cost in order to
eliminate competition
🔄 Click to see term
Term1/21
What is the justification of the progressive taxation method
🔄 Click to see definition
Definition1/21
The idea that taxation should be based on the ability-to-pay
principle
🔄 Click to see term
Term1/21
What is an example of trade restriction
🔄 Click to see definition
Definition1/21
Tariffs and embargos are trade restrictions.
🔄 Click to see term
Term1/21
Match each type of tax with an example of its use apex
🔄 Click to see definition
Definition1/21
Though answer choices weren't listed I found an example. Sin tax
would be 10 percent on gambling winnings. Income tax would be 20
percent tax on wages that are earned. Excise tax would be thirty
cent tax on a gallon of gasoline. Consumption tax would be 9
percent tax on the sale of luxuries.
🔄 Click to see term
Term1/21
What's 5 percent charged on profits from selling stocks
🔄 Click to see definition
Definition1/21
Capital gains tax
🔄 Click to see term
Term1/21
Which of these is not an example of a trade restriction A Tariffs B Quotas C Rationing D Subsidies
🔄 Click to see definition
Definition1/21
for a similar question:
taking land to build an airport
🔄 Click to see term
Term1/21
Match each type of good below with an example of that type of good.
🔄 Click to see definition
Definition1/21
merit good-education
public good-school buildings
individual good-textbooks
🔄 Click to see term
Term1/21
What is an example of a labor law in economics
🔄 Click to see definition
Definition1/21
A restriction on when a union may call a strike
🔄 Click to see term
Term1/21
Match each organization with its correct relationship to the government
🔄 Click to see definition
Definition1/21
A. Social security _ government agency
B. U.S. Postal Service _ government corporation
C. Boeing _ government contractor
🔄 Click to see term
Term1/21
Order to make up for a budget deficit the government can do what (Apex)
🔄 Click to see definition
Definition1/21
Issue bonds
🔄 Click to see term
Term1/21
Match each organization with the correct labels (apex)
🔄 Click to see definition
Definition1/21
Organization of Petroleum Exporting Countries competition regulator
Lockheed Martin Corporation government contractor
Antitrust Division of the Department of Justice cartel
🔄 Click to see term
🥳
Great job!
You studied all the cards in this guide.
Rate this guide:
☆★☆★☆★☆★☆★
Start overPrint
Full screen
Rate this Study Guide:
☆★☆★☆★☆★☆★
Cards in this guide (21)
Where does the government get money from
the government gets money from the taxes people pay TAXES
Name three new business practices of global trade
Global trade involves business practices that cross
international borders. Modern business practices may include
multiple locations being used as well as telecommunication via
teleconferencing.
What kind of loans does the World Bank make
The world bank lends money to memeber nation so that they could be carry out the work of public importance and usefulness.
What do banking regulations prohibit
Money laundering
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.
What does increasing consumer confidence do
Increases purchases from producers
How can a country respond to a trade embargo
By seeking other trading partners
it could pursue a policy of national self-sufficiency
What limits specialization in the global economy
Trade barriers.
When might a country specialize in producing a particular good
When a country has an absolute advantage in production of that
good it may specialize in producing that good.
What does predatory pricing involve
A large company charging below its production cost in order to
eliminate competition
What is the justification of the progressive taxation method
The idea that taxation should be based on the ability-to-pay
principle
What is an example of trade restriction
Tariffs and embargos are trade restrictions.
Match each type of tax with an example of its use apex
Though answer choices weren't listed I found an example. Sin tax
would be 10 percent on gambling winnings. Income tax would be 20
percent tax on wages that are earned. Excise tax would be thirty
cent tax on a gallon of gasoline. Consumption tax would be 9
percent tax on the sale of luxuries.
What's 5 percent charged on profits from selling stocks
Capital gains tax
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
Match each type of good below with an example of that type of good.
merit good-education
public good-school buildings
individual good-textbooks
What is an example of a labor law in economics
A restriction on when a union may call a strike
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
Order to make up for a budget deficit the government can do what (Apex)
Issue bonds
Match each organization with the correct labels (apex)
Organization of Petroleum Exporting Countries competition regulator
Lockheed Martin Corporation government contractor
Antitrust Division of the Department of Justice cartel