answersLogoWhite

0

Economics

User Avatar

Ella McKenzie

Lvl 10
2y ago
No Reviews
Leave the first rating

Rate this Study Guide:

Cards in this guide (20)
In the circular flow of goods and services which of these do households not receive

resources

Which term applies to this definition

The total output of a group of individuals and the entire economy will increase when each good is produced at the lowest cost.

What is a statement that most accurately describes the relationship between incomes and expenditures in the circular flow of economic activities

The flows of income and expenditures are about equal.

To which person would this event be of concern A business because the old-growth forest was not cut down

economist

When businesses buy goods from other businesses they are functioning in

a consumer role

Which term applies to this situation failure to return a book to the library on time an paying a fine

Secondary Effect

What statement would Adam smith most likely agree to

Government should follow a laissez-faire policy.

What is current located at the Wold Trade Center site

Currently, there is a memorial located at the site where the World Trade Center once was. There are also plans for a new World Trade Center to be built at that site in the near future.

What role do businesses that go tothe market play in the circular model

what role do businesses that go to the market play in the circular flow model

Which statement is true of the Selective Service

some citizens are required to register for it

some people are obligated to register for it, but there is no military draft right now

it is a system that will be used if there is a military draft in the future

What is true of public service

it is civic responsibility but not a legal obligation

How is a governor most likely to shape a state's public policy

by supporting and signing particular bills while vetoing others

If citizens stated these concerns which one could be solved by spending tax money

the roads in my state need to be repaired

the elderly in my state suffer poverty

i am worried about being protected from crime in my town

What is true about obeying the law in the US

it is required of all citizens

Which statement most likely comes from a voter who is informed

i know who is running for the senate in my state

i try to read a variety of news sources

i read the local newspaper every day to learn about important issues

Why should citizens be informed about current issues

doing so ensures that their political representatives will address the issues important to voters

The interest rate the fed charges for overnight loans is known as the

discount rate (apex)

How does civic participation primarily influence the political process in the United States

It makes the political process more democratic by having citizens voice their concerns.

What statement best describes the effects of the initiative the referendum and the recall

They allow citizens more influence over the laws and leaders of their state.

Which statement from a newspaper article refers to the Consumer Price Index CPI

Which statement from a newspaper article refers to the consumer price index (CPI)?

C. The average cost of groceries has increased 10 percent since last year.

Related study guides

In the circular flow of goods and services which of these do households not receive

What is a statement that most accurately describes the relationship between incomes and expenditures in the circular flow of economic activities

What term best completes the diagram

When businesses buy goods from other businesses they are functioning in

➡️
See all cards
No Reviews

What has made voters more informed

What role do businesses that go tothe market play in the circular model

Which statement is true of the Selective Service

What is true of public service

➡️
See all cards
3.89
9 Reviews

Frictional unemployment

Cyclical unemployment

Structural unemployment

Seasonal unemployment

➡️
See all cards
4.43
14 Reviews

Economics

19 cards

What is fractional reserve banking

Put the phases of the business cycle in the correct order in which they follow a boom

The consumer price index is a measure of

The us government borrows money by

➡️
See all cards
No Reviews

Economics

20 cards

Formula to calculate cpi

What is CPI rate

What is fractional reserve banking

Put the phases of the business cycle in the correct order in which they follow a boom

➡️
See all cards
No Reviews