xocharliesangelx

1. Which of the following would result in a ?tight? money policy? A. A. The Fed buys securities on the open market B. B. The Fed sells securities on the open market C. C. The Fed raises the discount rate D. D. The Fed raises the reserve requirement 2. Why did many people in the late 1800s and early 1900s want the government to break up trusts? A. Trusts created excessive competition B. Trusts decreased dividends for their shareholders C. Trusts advocated an increase in labor union membership D. Trusts decreased competition and fixed prices 3. Which of the following is a federal regulatory agency that focuses on air and water pollution? A. EPA B. FTC C. The Fed D. SEC 4. A newspaper headline states, ?Federal Reserve Decides to Reduce the Money Supply; Slowing of the Economy Likely Impact.? According to the headline, the Federal Reserve A. wants banks to reduce lending. B. thinks the unemployment rate is too high. C. wants banks to give more customers loans. D. hopes that consumers will decide to spend more. 5. The largest source of revenue for the US government is the A. sales tax B. excise tax C. personal income tax D. ?sin? tax on tobacco 6. Ecuador has an ideal climate for growing bananas, whereas the United States would have a difficult time growing them. In order to help U.S. consumers of bananas, the United States would likely A. A. increase the cost of U.S. goods traded with Ecuador. B. B. eliminate the tariff on bananas imported from Ecuador. C. C. put an excise tax on bananas grown in the United States. D. D. discourage world competition for the U.S. banana market. 7. If the U.S. government wanted to encourage businesses to hire more employees, would the government raise taxes or lower taxes on businesses? Explain your answer. Which of the following is a progressive tax? A. excise tax B. state income tax C. sales tax on an automobile D. ?sin? tax on tobacco products

CoryC

1)D2)C3)A4)A5)C6)B7)B, Lowering tax will make employees cheaper, and they will hire more.

elitebag

It seems US economy is a little serious.The government maybe decrease .

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