Banking — Unit test Answers

Which situation best reflects the concept of free enterprise?

This table shows select US trading partners for 2015. According to the table, which country received the highest amount in exports from the US in 2015?

The graph shows the percentage changes in the investment rate and the gross domestic product (GDP) between 2008 and 2012.

How do bank loans help the nation’s economy?

Which of these are goals of an expansionary policy? Check all that apply.increased available creditdecreased available creditincreased money supplyincreased inflationincreased interest ratesdecreased interest rates

best

What do businesses consider positive outcomes of outsourcing? Check all that apply. lower trade volumesaccess to cheaper laborgrowing purchasing power paritycreation of new jobs in developing marketspotential for higher profits

Which best describes why investing can be such a challenge?

In a competitive market, an electronics company releases a smartphone that is much faster than older models. This is an example of

"Everyone’s rights should be protected" is an argument

Which group does the Fed serve?

The level of investment in markets often indicates

Which body manages the Fed?

What are some ways to address unemployment in a market economy? Select three answers.creating new projectsincreasing regulationlowering restrictionsraising more taxespromoting hiring