stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
Economics Part 2 Study Guide (SHM-2015-2016) Flashcards | StudBud
Explore
/
Economics Part 2 Study Guide (SHM-2015-2016)
Economics Part 2 Study Guide (SHM-2015-2016)
18 terms
·
StudBud Administration
·
148 plays
Imported from external platform
Flashcards
18 cards
F
Practice quiz
P
Host live
L
Questions
18
Answers
1
How is the right to private property ownership protected?
The 19th Amendment
Betting for property
Negotiated Contracts enforced by law
The 13th Amendment
2
Public health and safety are protected by what?
School Rules
Government guidelines
Local restuarants
Federal Reserve
3
What are the name of laws used to discourage monopolies?
Reserve
Trade
Antitrust
Entrepreneurship
4
What is one way that the government can help to stimulate the economy?
Raise taxes
Raise prices
Lower Interest Rates
Hide fees
5
What is the relationship between education level and income?
Lower Education= Higher Income
Higher Education = Lower Income
Higher education= Higher Income
Higher Education= McDonalds
6
What does APR stand for?
Academic Power Race
American Popular Rates
Annual Percentage Rate
Annual Progress Run
7
What are some ways to try to identify some career opportunities?
Identify talents and interests
Randomly go to places for a job
Eat at Chipotle
Eat at McDonalds
8
What is the general relationship between level of education and income
There is no relationship
Lower education leads to higher income
Higher education leads to lower income
Higher education leads to higher incom
9
What agency protects the environment?
FCC
FED
FTC
EPA
10
Which Amendment authorizes Congress to tax personal and business incomes?
14th
16th
15th
17th
11
What duties does the U.S. Federal Reserve have?
All of the Above
Maintain the value of currency
regulate banks to ensure the safety of deposits
manage money supply to keep inflation low and stable
12
How does the government pay for goods and services?
Stocks
Money from the FED
Tax revenue
Other country's money
13
Why do people accept coins and currency in exchange for goods and services?
They want to get rich
They don't know another way
They think it looks cool
They have confidence in the government
14
What are some types of money used in the United States?
Deposits in bank accounts
Coins
Federal Reserve Notes
All of the Above
15
Which is not a current and valid form of currency?
Coupons
All of the above
Coins
Checks
16
What government agency acts as the nation's central bank?
Capital One
Federal Reserve
Bank of America
Citi Bank
17
How does government pay for public goods and services?
All of the Above
Fees
Borrow Funds
Tax revenue
18
What government agency regulates trade?
FTC
EPA
FCC
FED
