Economics Unit 5 Exam

Economic growth would most likely result from —

One of the financial advantages of donating to charitable causes is that the donation can be —

Which of the following actions would improve a credit score?

The most effective way to manage credit card debt is by —

Which of the following is a non-price determinant of demand?

One government restriction to consider when proposing to build a new business includes —

Loans that are obtained by offering an asset to guarantee repayment of the loan are considered —

Which characteristic of the U.S. free enterprise system creates the incentive to work, save, and invest?

Which of the following is an action of the Federal Reserve that strongly influences local economies?

Which of the following is a basic characteristic of all economic systems?

In the U.S. free enterprise system one of the primary roles of the government is to —

Scarcity is a basic economic problem because —

Which of the following is considered a benefit to purchasing insurance?

An important financial detail to consider when purchasing a home includes —

One result of competition in a free enterprise system is —

Investments with high rates of return are generally accompanied with —

One of the benefits of the U.S. free enterprise system is the —

An expansionary period in the business cycle is distinguished by —

What is one advantage to placing savings in a high-risk investment as oppose to putting savings in a low-risk investment

Which of the following retirement investment options is usually offered as a benefit of employment?

One way the United States could increase exports of sports cars would be to —

One effect of an increase in the amount of savings in an economy is —

Which of the following best completes the diagram?

Which of the following is most characteristic of the U.S. free enterprise system?

One potential risk from investing in the stock market is the loss of —

On a supply and demand graph, supply will decrease and shift to the left when which of the following happens?

One of the benefits of home ownership includes —

 Which investment is considered the most secure in a retirement plan?

One of the primary functions of financial institutions in an economy is to —

The market structure of pure competition is distinctive because —