ECON USA TEST PREP | FULLY SOLVED (PROFESSOR VERIFIED) | ALREADY GRADED A+
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ECON USA PREP
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ECON USA PREP
in 2008 many united states families received a tax rebate check from the internal
revenue service (IRS) why were tax rebate checks distributed ?
to stimulate the economy
what would be reasonable monetary policy during a period of high inflation?
reduce the money supply
( pays a higher interes...
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ECON USA TEST PREP
in 2008 many united states families received a tax rebate check from the internal
revenue service (IRS) why were tax rebate checks distributed ?
to stimulate the economy
what would be reasonable monetary policy during a period of high inflation?
reduce the money supply
( pays a higher interest rate that a savings account.
limited check-writing ability
offers benefits of both savings and checking accounts
require a high balance than a savings account
FDIC insured ) what does this describe ?
money market account
in a society with a market economy, property rights are generally enforced by ?
the courts
Page 1 of 9
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, what should be a future effect upon the economy if a expansionary fiscal policy
continues in an economy with an increasing budget deficit and growing national
debt?
high inflation
which of these is LEAST LIKELY to determine credit worthiness?
personal health history
why would a country want to erect trade barriers such as tarrifs or quotas?
to protect domestic jobs
a modest price increase for a monthly cell phone package has had little or no
effect on demand. this MOST LIKELY indicates that demand for the product is ?
inelastic
which of these project would MOST LIKELY be funded by the government using
tax money ?
garbage collection
if you were doing a presentation about " balance of trade " which journal entry
would likely be the MOST helpful ?
" exports take a strong hit in 3rd quarter "
Page 2 of 9
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