Unit Test — Unit test Answers

The Federal Reserve manages the nation’s currency and money supply by

Which best describes what injector factors bring to an economic system?

Which of the following is a characteristic of prosperity in the peak phase of the business cycle?

A responsibility the Federal Reserve has is to

The circle graph shows the GDP in Germany for 2012.Which sector of Germany’s economy had the highest GDP?

A currency’s exchange rate is

A currency is a system of money created and used by

What is one problem that might commonly occur when one is bartering?

Read the graph that displays mortgage interest rates between 1978 and 1983.In what year did consumers get the best deal on a mortgage?

Which could be a negative factor of a barter system?

Which best describes what occurs in the product market?

Which banker would a software company most likely visit for help to raise large amounts of capital to acquire, or buy out another company?

There are four stages in an economic recovery. 1. increased production2. rising demand (occurs twice)3. increased hiring In which order do these stages occur?

Economic interactions involving which of the following would most likely be studied in macroeconomics?

Which event most likely explains renewed demand in a recovery period?

The graph shows changes in GDP in the United States from 2009 to 2011.How did the contribution of the services sector to GDP change between 2009 and 2011?

People might choose to use a debit card rather than cash for purchases because

best

What types of investments do banks use to make a profit? Check all that apply.opening checking accountsstarting new businessesbuying stocks and bondsbuying several propertiesissuing loans to all customersbuying the rights to loans