Cards in this guide (23)
How do banks earn a profit from lending money to their customers
by charging interest rate
Which president signed the Medicare bill into law on July 30 1965
Who provided most charity services to the public in ancient times
Which type of tax can be shifted from one individual to another through the process of increasing the price of the goods sold
Which of these government securities cannot be publicly traded
What is the term for the decentralized market where currencies are traded
Which government agency sets wage standards
What were members of the Democratic-Republican Party also known as
How did John Maynard Keynes view government's role in the economy
He advocated a strong role of govt. in managing the
economy...
Which of these would not be a possible result of low interest rates
people may be reluctant to borrow
Which policy has a more direct influence on the private sector
Monetary policy has a more direct influence on the private
sector
Which of these is the primary source of tax revenue for the national government
Which of these is a possible result of a trade deficit
The country may need to borrow money to make up for the loss in
funds.
In the United states which of these are elected indirectly through the electoral college
The President and vice president
Which of these is a social insurance program that pays cash benefits to the aged
What defines aggregate demand
the total demand for final goods and services in the economy
What describes a contractionary fiscal policy position
The government spends less money than it earns by cutting its spending or by raising taxes. A+
The response of businesses and individuals to fiscal policy changes is related to which of these
the amount of funds government is spending
Which point in the business cycle has the greatest economic activity
Which of these is not an intrastate tax
To what does the term domestic goods refer
goods manufactured outside of the home nation
Which economists published the Tableau économique
Which of the following is usually a small political party that focuses on one particular issue