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Economics

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Melyssa Goodwin

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Cards in this guide (18)
How does bankruptcy affect interest rates on loans and credit cards

It cause interest rates to rise.

What is a strong durable rubber

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

What is the difference between Treasury Bond and Treasury Note

The difference is the length of time to maturity. Treasury Notes mature in 10-years Treasury Bonds mature in 30-Years

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.

In the financial system who are the borrowers

households, individuals, and businesses

What are the components of business cycle

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

What power is held only by state governments

establishing public schools

Who is responsible for securing US borders and ports

the department of Homeland Security

What are the main components in the Federal Reserve banks

The Federal Open Market Committee. The Federal Open Market Committee (FOMC) consists of seven Federal Reserve Board members and five Federal Reserve bank representatives. The FOMC sets monetary policy by.

How does a bond sale by the fed affect the money supply

When the Federal Reserve buys a bond, the amount of money outside the private sector increases. This is money that exists in the forms of cash, coins, and bank reserves.

What change in monetary policy could eventually cause overborrowing and overinvestment

a decrease in the money supply

What is a low rated potentially high paying bond

A low-rated, potentially higher-paying bond is a junk bond.

Who is least likely to belong to a union

a computer analyst at a high-tech firm

What are the Federal Reserve Districts

For the purpose of carrying out these day-to-day operations of the Federal Reserve System, the nation has been divided into twelve Federal Reserve Districts, with Banks in Boston, New York, Philadelphia, Cleveland, Richmond, Atlanta, Chicago, St. Louis, Minneapolis, Kansas City, Dallas, and San Francisco.

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

What is the money multiplier formula

The money multiplier formula is the amount of new money that will be created with each demand deposit, calculated as 1 ÷ RRR.

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

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