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Economics

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Michelle Littel

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Cards in this guide (18)
What protections are guaranteed to the people by the First Amendment to the US Constitution

gives us the freedom of speech

Under what heading did the social programs of the 1930s come

new deal

During this event a country stops all trade with another country

Embargo.

The government can use monetary and fiscal policy to regulate the economy

True

What type of tax is the chief source of income for local governments today

property

Which of these does fiscal policy deal with

taxation

States are not allowed to tax which of these

All of these(Kaylop)

Caveat emptor means that the producer will be protected against fraudulent business practices but must protect the consumer

false

Social security payments may be paid to dependent surviving children until they are 18

Social security payments may be made to dependent children until they are 18.

true

Which of these is the most liquid asset

money

A program called the new deal was put into effect in which year

1932

The growth of technology has had little effect on the amount of goods and services produced in other countries

False

All policies that impede the flow of goods from one country to another are eliminated

Free trade involves eliminating policies that impede the flow of goods from one country to another. These ambitions have been met with much opposition and support.

Starvation illness and unemployment during the depression motivated the creation of the social security program

true

Supply creates a demand

False(Kaylop)

A sales tax on gasoline is and example of what type of tax

A sales tax on gasoline is an example of sales tax.

Whinch of these terms is included in the definition of commerce

construction of highways.

What will the federal government (Federal Reserve Bank) do in an attempt to encourage saving and investing

raise dividend rates

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