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Economics

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Darrin Kozey

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Cards in this guide (21)
What do capital controls prevent

Speculators from rushing into and out of a country's market and disrupting its economy./

Which of the following has led to greater competition among workers looking for jobs

Globalization

Which of the following accurately describes how an investment is made

Putting money into an asset

What best explains how the invention of money affected the barter system

The invention of money supplemented the barter system by providing a nonperishable medium of exchange.

What pairs of prefixes are closest to each other in size

Which of the following pairs of prefixes are closest to each other in size?

Which of the following is one disadvantage for a company that goes public

The pressure to make profits is increased.

Monetary policy in the US is carried out primarily by what agencies

The Federal Reserve Bank

What is a form of fiat money that is commonly used today

. Digital money

What best states the purpose of an import quota

To reduce competition from foreign producers.

Which of the following explains why government sets a required reserve ratio for private banks

To make sure banks don't run out of money when customers make withdrawals

What accurately describes a situation in which consumers have inelastic demand

People cannot quit drinking coffee even though they want to cut down on caffeine intake.

How were slaves affected by the new republic

Some northern states made slavery against the law.

Best explains the purpose of protectionist trade policies such as tariffs and subsidies

nnnnnnnn

Which of the following best describes how the federal reserve bank keeps banks during a bank run

The Federal Reserve Bank manages the U.S. economy by controlling the money supply.

What is the following situations would the price of a good be most likely to decrease Apex

The development of a new energy source reduces production costs for a company.

Which of the following best explains how a barter system works Apex

Goods and services are exchanged without the use of money

What are the following actions is most likely to result in an increase in the money supply (Apex

The friend buys millions of dollars in Treasury bonds

The commodity market is which of the following

Volatile market -APEX

Ask us of the following most accurately explains why fiat money differs from commodity money

Fiat money has value bc the gov. declares that it has value.

What of the following best explains why treasury bonds have an effect on the size of the money supply

The Federal Reserve Bank can buy and sell these bonds to raise or lower bank deposits. APEX

Which of the following is an example of expansionary fiscal policy

cutting taxes

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