Earning Income — Test Answers

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21
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The main role of banks in the nation’s economy is to

A
store, lend, and invest money.
B
store, lend, and borrow money.
C
store, lend, and approve money.
D
store, lend, and distribute money.
23

Who had the largest dollar amount in sales for the month of December?

A
The graduated commission employee.
B
They each had the same dollar amount in sales.
C
The straight commission employee.
D
The salary plus commission employee.
24

A conclusion that can be drawn from both graphs by looking at 1983 is that interest rates

A
bottomed out, while home starts peaked.
B
peaked, while home starts bottomed out.
C
dropped, which led to more home starts.
D
climbed, which led to fewer home starts.
25

What is the possible opportunity cost of Andre’s decision?

A
He has extra time to work on his school project.
B
He does not meet the film stars.
C
He receives a poor grade on his school project.
D
He does not enjoy the movie.

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