Hrm 531 Week 3 Quiz
1. What are the three economic questions all societies must answer?
2. What is the main way governments get the money they need to operate?
3. What are examples of U.S. exports?
4.What is one way the Fed protects consumers?
5. What is the greatest source of revenue for the federal government?
6. Which body of the UN deals with immediate threats?
7. In response to the attacks on September 11, 2001, whom did the United States attack?
8. What is one reason that a company might file an injunction against a union?
9. What type of investment is most likely to have the highest rate of return?
10. On a graph, how is demand shown?
12. What do businesses utilize when making decisions among various projects?
13. The additional income received …show more content…
from each increase of one unit in sales is called _____.
14. What is an important responsibility that businesses have to consumers?
15.
Why is money is like a measuring stick?
16. During inflationary times, what happens to the purchasing power of the dollar?
17. Long-term financial goals ______.
18. A life insurance policy is an example of what?
19. Why was the American Telephone and Telegraph was broken up by the government?
20. Which represents companies that produce goods and services?
21. An example of discrimination in the workplace would be a business that treats employees differently on the basis of _____________.
22. Based on a law passed by Congress in 2010, what must businesses provide to employees?
23. When the price of a good is low, _________________.
24. To avoid being misled by rising prices, economists measure the economy by using __________________.
25. TANF program-
26. The amount you initially deposit into an account is the ________________.
27. What is an advantage of a command economy?
28. What is the main goal of the United Nations?
29. A business that donates money and products to local charities is showing ____________________.
30. Where do exchanges of goods and services take place in the circular flow?
31. What was the purpose of the Clayton Act?
32. Countries who have free trade agreements with each other have no
_____________.
33. Giving up one alternative good or service for another is called _______________________.
34. What is the main reason businesses in developed countries move their factories to developing countries?
35. Which level of government often owns natural monopolies of water and sewer services?
36. What President established the first welfare programs in the United States?
37. What do workers form when they join to improve wages and working conditions?
38. A single-resource economy depends on ________________.
39. Where do people sell their labor?
40. Protectionism often harms a country’s economy because it ________________.
41. What do developed nations usually buy from developing nations?
42. A surplus typically indicates that ________________.
43. Economists refer to the activity that takes place in the markets as _________________.
44. The most common source of credit today is a(n) __________________.
45. What are the steps to making a budget?
46. What is an important example of global cooperation?
47. When a country has a comparative advantage, it can produce _____________________.
48. How does a warranty protect a consumer?
49. In which system are economic decisions made based upon price?
50. What are characteristics of a market economy?
2. What is the main way governments get the money they need to operate?
3. What are examples of U.S. exports?
4.What is one way the Fed protects consumers?
5. What is the greatest source of revenue for the federal government?
6. Which body of the UN deals with immediate threats?
7. In response to the attacks on September 11, 2001, whom did the United States attack?
8. What is one reason that a company might file an injunction against a union?
9. What type of investment is most likely to have the highest rate of return?
10. On a graph, how is demand shown?
12. What do businesses utilize when making decisions among various projects?
13. The additional income received …show more content…
from each increase of one unit in sales is called _____.
14. What is an important responsibility that businesses have to consumers?
15.
Why is money is like a measuring stick?
16. During inflationary times, what happens to the purchasing power of the dollar?
17. Long-term financial goals ______.
18. A life insurance policy is an example of what?
19. Why was the American Telephone and Telegraph was broken up by the government?
20. Which represents companies that produce goods and services?
21. An example of discrimination in the workplace would be a business that treats employees differently on the basis of _____________.
22. Based on a law passed by Congress in 2010, what must businesses provide to employees?
23. When the price of a good is low, _________________.
24. To avoid being misled by rising prices, economists measure the economy by using __________________.
25. TANF program-
26. The amount you initially deposit into an account is the ________________.
27. What is an advantage of a command economy?
28. What is the main goal of the United Nations?
29. A business that donates money and products to local charities is showing ____________________.
30. Where do exchanges of goods and services take place in the circular flow?
31. What was the purpose of the Clayton Act?
32. Countries who have free trade agreements with each other have no
_____________.
33. Giving up one alternative good or service for another is called _______________________.
34. What is the main reason businesses in developed countries move their factories to developing countries?
35. Which level of government often owns natural monopolies of water and sewer services?
36. What President established the first welfare programs in the United States?
37. What do workers form when they join to improve wages and working conditions?
38. A single-resource economy depends on ________________.
39. Where do people sell their labor?
40. Protectionism often harms a country’s economy because it ________________.
41. What do developed nations usually buy from developing nations?
42. A surplus typically indicates that ________________.
43. Economists refer to the activity that takes place in the markets as _________________.
44. The most common source of credit today is a(n) __________________.
45. What are the steps to making a budget?
46. What is an important example of global cooperation?
47. When a country has a comparative advantage, it can produce _____________________.
48. How does a warranty protect a consumer?
49. In which system are economic decisions made based upon price?
50. What are characteristics of a market economy?