Unit Test — Unit test Answers
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If the domino effect occurs as a result of changes in the money supply, what will most likely happen as an immediate result of banks having more money to lend?
A
Borrowing will decrease.B
Interest rates will decrease.C
Investing will decrease.D
Inflation will decrease.22
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Which of these policies would a government take when it comes to employment?
A
paying government employee when they choose to not workB
seeing that at least a quarter the workforce has a jobC
working toward making unemployment is as low as possibleD
making sure that only skilled workers get jobs23
Economic interdependence means that economic policies must balance the needs of
A
all governments in the world.B
governments, individuals, and businesses.C
small businesses and large corporations.D
both wealthy and poor individuals.24
A pie chart titled Federal Government Spending in 2010 is shown. Education and health and human services has the largest piece, and veteran apostrophe s affairs has the smallest piece.
A
labor and transportationB
veterans' affairsC
education/health and human servicesD
international assistance25
What is a primary economic goal of governments?
A
reducing income inequalityB
maximizing individual freedomsC
advancing technological innovationD
protecting natural resourcesDid you find these answers helpful?
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