Final Exam

Why do groups of companies create trust?

Children from violent neighborhoods make teachers devote more time to what?

Why are schools segregated today?

The ability of an individual or a country to produce more of a good than competitors, using the same amount of resources

What kind of economic system does not truly exist in the world?

What does NBER stand for?

How do policy decisions create winners and losers?

What kind of policies are created in the effort to minimize chaos in the country

authorized the federal government to institute proceedings against trusts in order to dissolve them.

How many senators make up the U.S. Senate?

What are the two disciplines of economics?

Article VI, Section 3 of the Constitution says that someone’s ____ can’t be used as a factor to decide if a candidate is

The ability of a country to produce a good at a lower cost than another country can.

Situation in which a country imports more than it exports

How many representatives make up the house of representatives?

What did the 13th amendment do?

Which English colony became the first to welcome people of all faiths?

Which legislation passed by Parliament restricted colonists’ right to trial by jury?

A tax on a sale of merchandise or services

What happens when real income declines?

How many types of economies are there?

How long is a Representatives term limit?

The use of government spending and taxation to influence the economy.

a person who supports the idea of countries having a president, rather than a king or queen

guarantees by the government that it will treat people equally

an organization that coordinates candidates to compete in a particular country's elections

What is an economic right?

How should the US government approach foreign aid?

Work effort used in the production of goods and services

How long is the term for a judge on the supreme court?

What is a senators term limit?

What did the 19th amendment do?

is a person who is a legal member of a nation, country, or other organized, self-governing political community

the quality or state of being equal

Is the lowest that employers can legally pay their employees

What was the first Government of the United States?

What is an example of a domestic policy agency?

people expect the value of an economic variable next period to be equal to the current value of this variable.

a situation in which economic forces such as supply and demand are balanced and in the absence of external influences

What is domestic policy?

What was Brown V Board successful in?