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If the Federal Reserve System wanted to stimulate the U.S. economy and reduce unemployment, it would
automobile insurance
the value of a country’s exported goods and services minus the value of goods and services a country imports
It monitors the safety of goods and services through regulatory agencies.
how the price changes the quantity demanded of that product
cause interest rates to decrease because low interest rates encourage business growth and expansion
a bond
oligopoly
place an embargo on all goods from that country
15 year old Calvin inherited $3,000 from an aunt. He wants to create an investment plan that has a very low risk but still increases the money he will have for college. Based on Calvin’s requirements, in which option should he MOST LIKELY invest?
automobile insurance
the value of a country’s exported goods and services minus the value of goods and services a country imports
It monitors the safety of goods and services through regulatory agencies.
how the price changes the quantity demanded of that product
cause interest rates to decrease because low interest rates encourage business growth and expansion
a bond
oligopoly
place an embargo on all goods from that country
Which statement BEST describes the role of the government in a mixed-market economic system?
automobile insurance
the value of a country’s exported goods and services minus the value of goods and services a country imports
It monitors the safety of goods and services through regulatory agencies.
how the price changes the quantity demanded of that product
cause interest rates to decrease because low interest rates encourage business growth and expansion
a bond
oligopoly
place an embargo on all goods from that country
Which of these BEST defines the term balance of trade?
automobile insurance
the value of a country’s exported goods and services minus the value of goods and services a country imports
It monitors the safety of goods and services through regulatory agencies.
how the price changes the quantity demanded of that product
cause interest rates to decrease because low interest rates encourage business growth and expansion
a bond
oligopoly
place an embargo on all goods from that country
Which of these is measured by price elasticity of demand?
automobile insurance
the value of a country’s exported goods and services minus the value of goods and services a country imports
It monitors the safety of goods and services through regulatory agencies.
how the price changes the quantity demanded of that product
cause interest rates to decrease because low interest rates encourage business growth and expansion
a bond
oligopoly
place an embargo on all goods from that country
If the U.S. government disagrees with a foreign country’s politics and wants to prevent trading with that country, the MOST effective action the U.S. government can take is to
automobile insurance
the value of a country’s exported goods and services minus the value of goods and services a country imports
It monitors the safety of goods and services through regulatory agencies.
how the price changes the quantity demanded of that product
cause interest rates to decrease because low interest rates encourage business growth and expansion
a bond
oligopoly
place an embargo on all goods from that country
In the U.S. economy, a few firms dominate the wireless telephone provider industry. Which type of market structure does that represent?
automobile insurance
the value of a country’s exported goods and services minus the value of goods and services a country imports
It monitors the safety of goods and services through regulatory agencies.
how the price changes the quantity demanded of that product
cause interest rates to decrease because low interest rates encourage business growth and expansion
a bond
oligopoly
place an embargo on all goods from that country
When Jason bought a car and went to register it with the state Department of Motor Vehicles, he needed to show proof of insurance. What kind of insurance did Jason need to have?
automobile insurance
the value of a country’s exported goods and services minus the value of goods and services a country imports
It monitors the safety of goods and services through regulatory agencies.
how the price changes the quantity demanded of that product
cause interest rates to decrease because low interest rates encourage business growth and expansion
a bond
oligopoly
place an embargo on all goods from that country
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