AnswersHSA 26-27 EconomicsEconomic Policy: Influential Theories

Economic Policy: Influential Theories — Unit test Answers

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22
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most likely

c
cooperatives give majority owners the most control, while franchises make decisions with a parent company.
c
cooperatives make it easy to accumulate supplies, while franchises come with supplier relationships already in place.
c
cooperatives are well financed by members, while franchises must raise large sums of money to launch a business.
c
cooperatives allow all owners to share profits, while franchises are required to share profits with a parent company.
23
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Occupational Safety and Health AdministrationEnvironmental Protection AgencyFood and Drug AdministrationSecurities and Exchange Commission

A
Occupational Safety and Health Administration
B
Environmental Protection Agency
C
Food and Drug Administration
D
Securities and Exchange Commission
24

What happens when a bank is required to hold more money in reserve?

A
It has less money for loans.
B
It has less money for operations.
C
It has less money for interest payments.
D
It has less money for withdrawals.
25

To be successful, what must an entrepreneur be willing to invest? Check all that apply.moneyunemploymentpersonal safetytimeconsiderable effort

m
money
u
unemployment
p
personal safety
t
time
c
considerable effort
26

Why do people donate to charitable organizations? Choose three answers.to do what is right to support a causeto develop their skillsto earn college creditto spend time with friends

A
to do what is right
B
to support a cause
C
to develop their skills
D
to earn college credit
E
to spend time with friends
27

Expansionary spending takes place when a government makes the decision to

p
put a freeze on the number of its employees.
r
raise taxes to balance its budget.
r
raise taxes to run a budget surplus.
r
raise spending to stimulate the economy.
28

Which services would a charitable organization provide? Choose three answers.preserving waterwaysoperating a city aquariumopening an animal shelterinventing a new pet feederowning a pet store franchise

A
preserving waterways
B
operating a city aquarium
C
opening an animal shelter
D
inventing a new pet feeder
E
owning a pet store franchise
29

Which federal regulatory agency would most likely bring a civil suit against a business that broke securities laws?

t
the SEC
t
the FDA
O
OSHA
t
the FDIC
30

The development of many new businesses helps limit

u
unemployment.
t
taxation.
r
revenue.
r
risk.
31

Which best describes why governments collect taxes?

A
to control the value of currency
B
to keep the government running
C
to ensure surplus funds
D
to fund government programs
32

Which group does the Fed serve?

A
financial institutions
B
consumers
C
government bodies
D
bankers

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