Question
1. The term "laissez faire" refers to the belief that government should __________.
A) create jobs for citizens
B) stay out of the economy
C) pay a fraction of stock price
D) make all economic decisions
2. The term "__________" was a practice that involved paying only a fraction of the price of stock but gaining ownership of it.
A) bear market
B) mull market
C) laissez faire
D) buying on the margin
3. During the Great Depression, ___ were hurt severely because their products were being sold for less than ever before and they owed money for work-related equipment they had purchased during World War I.
A) autoworkers
B) bankers
C) farmers
D) teachers
A) create jobs for citizens
B) stay out of the economy
C) pay a fraction of stock price
D) make all economic decisions
2. The term "__________" was a practice that involved paying only a fraction of the price of stock but gaining ownership of it.
A) bear market
B) mull market
C) laissez faire
D) buying on the margin
3. During the Great Depression, ___ were hurt severely because their products were being sold for less than ever before and they owed money for work-related equipment they had purchased during World War I.
A) autoworkers
B) bankers
C) farmers
D) teachers
Answers
GPT-4o mini
1. The term "laissez faire" refers to the belief that government should **B) stay out of the economy**.
2. The term "__________" was a practice that involved paying only a fraction of the price of stock but gaining ownership of it. **D) buying on the margin**.
3. During the Great Depression, ___ were hurt severely because their products were being sold for less than ever before and they owed money for work-related equipment they had purchased during World War I. **C) farmers**.
2. The term "__________" was a practice that involved paying only a fraction of the price of stock but gaining ownership of it. **D) buying on the margin**.
3. During the Great Depression, ___ were hurt severely because their products were being sold for less than ever before and they owed money for work-related equipment they had purchased during World War I. **C) farmers**.