Unit 9- Government Influence in Economics

What is not a way the government promotes marketplace competition?

If the government increases spending what will also increase?

Which is not a reason nations trade?

If the government decreases their borrowing then what will most likely occur?

Which amendment allows the government to tax our income?

What is not a characteristic of government goods and services?

Monitors the media by balancing the 1st amendment rights and public safety.

What has lowered production costs and prices?

Worldwide markets work together through buying & selling of goods and services by all nations.

What is a trust?

Money is more efficient way to exchange goods and services when compared to bartering.

We have less money to spend if:

What has increased the global flow of info, goods, and services?

The main advantage of specialization in a good or service is that it:

Which term is a unit of measurement?

If "the fed" lowers interest rates and reserve requirements that will:

Supporting entrepreneurs and discouraging monopolies, promotes:

Who controls the value of the dollar?

When "the fed" tells banks how much money they can loan or must have "on-hand" that is called:

Protects consumers from business and faulty scams.

Which way would the government least likely pay for public goods and services?