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Questions (19)
Sam discovers that someone has used his bank card to charge hundreds of dollars at a sports store. Which risk of using financial
1 answer
77 views
How do banks most help grow the economy?
(1 point) Responses They provide loans for consumers and investors. They provide loans
1 answer
102 views
Labor unions are most closely tied to which type of productive resource?
(1 point) Responses entrepreneurship entrepreneurship
1 answer
109 views
Which of the following is a characteristic of a market economy?
(1 point) Responses weak property rights weak property rights
1 answer
100 views
Malik cuts lawns in his neighborhood to earn some extra money. His neighbors agree to pay him $15.00 to take care of their lawns
1 answer
108 views
Which of these is an example of price competition?
(1 point) Responses a new advertising campaign a new advertising campaign a
1 answer
86 views
According to the law of demand, what role do low prices serve for buyers?
(1 point) Responses supply supply reward reward
1 answer
68 views
A company introduces a printer that does not require ink cartridges. As a result, the price of printers that use ink drops. What
1 answer
164 views
When are equilibrium prices achieved?
(1 point) Responses when demand is greater than supply when demand is greater than supply
1 answer
159 views
What does a relative price compare?
(1 point) Responses the price different sellers ask for the same good the price different
1 answer
95 views
How would supply shift caused by lower costs of production affect price and quantity?
(1 point) Responses higher price, lower
1 answer
120 views
The United States signs a free trade agreement with another country that has dramatically different resources. How would this
1 answer
95 views
Which policy would be in the best interests of consumers?
(1 point) Responses increasing tariffs increasing tariffs decreasing
1 answer
134 views
What is one potential negative consequence associated with free trade?
(1 point) Responses Import and export taxes are high under
1 answer
117 views
Which of the following laws is considered a trade barrier?
(1 point) Responses A company that produces furniture is shut down A
1 answer
154 views
Which of the following goods or services is an import in the United States?
(1 point) Responses apples grown on a farm in Vermont
1 answer
93 views
Which of these is an example of a monetary incentive?
(1 point) Responses having fun walking a dog having fun walking a dog
1 answer
98 views
Many employees of a local restaurant suddenly quit and seek other opportunities. What is the most likely explanation for the
1 answer
106 views
How does the use of plastic to produce bicycle helmets affect other plastic-using industries?
(1 point) Responses It decreases
1 answer
127 views