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Economics

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Freda McKenzie

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2y ago
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Cards in this guide (20)
What are expressed powers

Expressed powers are powers written down for Congress in the Constitution.

Who runs unemployment insurance programs

Each state is responsible for and runs its own unemployment insurance program.

What are aspects of intellectual property

Copyright, patents, rights in music, and performance rights are all aspects of intellectual property

Which president signed the Medicare bill into law on July 30 1965

Lyndon B. Johnson

Who provided most charity services to the public in ancient times

churches

What is the term for the decentralized market where currencies are traded

F e m

When a country brings in goods that were made in another country what is it doing

importing

Which government agency sets wage standards

Department of Labor

Which of these federal institutions carries the responsibility of managing the process of borrowing money by issuing bonds and notes

Department of the Treasury

Which type of tax is imposed on those who inherit assets from a deceased person

inheritance tax

When does the government maintain spending and taxes at their current rates

when economy is stable

Which of these are documents that promise future repayment at a specific time or in intervals over time

Certificates of deposit

What type of property is created entirely in the mind

Intellectual property such as books, music and art.

What is the tool commonly used by the Federal Reserve whereby it buys or sells U.S. Treasury bonds

open market operations

What sources are most Interstate Highway System funds allocated

fuel taxes

Shortages or spikes in which of the following can have a potential impact on a global economy

energy

To what does the term domestic goods refer

goods manufactured outside of the home nation

The collection of federal income tax is managed by which of these agencies

IRS

What is Considered one of the primary factors of production plus

Entrepreneurship

Which of these defines the term "expenses"

the costs of operating

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