Can someone please check my answers? Thank you so much.
16. What is difference between a business cycle in the day-to-day ups and downs of the market?
a. The day-to-day ups and downs of the market can be much more extreme than a business cycle
b. The day-to-day fluctuations are more likely to have an impact on people’s finances
c. A business cycle is usually more restricted, whereas market fluctuations are worldwide
d. A business cycle is a major, prolonged fluctuation rather than a day-to-day movement
My answer: d
17. When did the U.S. government become more and more involved in economic matters of public interest?
a. 1870’s
b. 1900’s
c. 1960’s
d. 1990’s
My answer: b
19. How do you consumers make their desires known to both government and businesses most effectively?
a. Through buying and voting
b. By protesting and boycotting products
c. Through mail and phone surveys
d. By hiring lobbyists and joining consumer groups
My answer: a
20. What is one benefit provided by Social Security?
a. Medical care for the indigent
b. Cash transfers to workers injured on the job
c. Compensation for all who lose jobs
d. Retirement income for the elderly
My answer: d
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