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Economics

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Isac Roob

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Cards in this guide (17)
What is Standard and Poors

Standard and Poors is one of the 3 premier Credit Rating Agencies in the world.

What did the US Supreme Court rule in Furman v Georgia

In Furman vs. Georgia the court ruled that all existing death penalty laws violated the constitution.

What is a strong durable rubber

a goodyear vulcanized tire is a good example of a durable rubber

The resources used to make all goods and services are the

Natural resources are what human beings use to create goods and facilitate some services. Examples of natural resources may include lakes, minerals, and plants.

V-cube 7 or megaminx

megaminx

He has a lot of innovative business idea take risks but never success and finally he die without success to be call an entrepreneur

What is the question? Are you trying to find the name of one person? The description would fit several people over the yaers.

List two forms that technological advancement can take and give an example of each form

Technological advancement can be seen as progress within society. For example, people living better is progress. Another way you can see technological advancement is through the use of advanced devices.

What is an example that displays the law of supply

An example of the Law of Supply is:

The price of an object increased, so the quantity supplied of that object also increased.

Which of the following is an example of a good whose price goes down because of improvements in technology. typewriters or hard-bound books

if computer printers is an option choose that, but if not then typewriters.
An example of a good whose price goes down because of improvements in technology is computer components in general. This includes things such as: computer printers, hard drives, memory, CPU's, graphics cards, etc.

What are the components of business cycle

The components of the business cycle is Prosperity, Recession, and depression.

What change in monetary policy could eventually cause overborrowing and overinvestment

a decrease in the money supply

What happens when an accused person pays bail to the court

The defendant is temporarily released from prison/jail.

Can money donated to charity be claimed on a tax deduction sheet in the US

It depends which state, what charity, time of the year, and the purpose of the charity. Most often charity money can be claimed on a tax deduction sheet in the U.S.

Which of the following statements concerning price indexes is not accurate

A Price indexes assist the government in making policy decisions

B Price indexes produce an average of prices that economists can compare to earlier averages

C Price indexes assist consumers and businesses in making economic decisions

D price indexes define the cost of goods in the entire economy at a given point in time

In drunken driving cases the police must conduct tests on suspects

fair and safe

Antitrust laws allow the U.S. government to do all of the following except .

stop firms from selling new products

What advances of technology and increased availability for compact disc players .

the supply curve for Blu-Ray players has shifted right

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