Worries for Economy
Walmart
The Fed
Consumer/Labor Policy
Business Policy
100
This is the key concern for democrats in the economy.
What is unemployment?
100
Walmart is the epitome of these kind of companies that have embedded themselves all over the world.
What are Multi-National Corporations?
100
This is the main policymaker in the economy. Full title please
What is the board of Governors of the Federal Reserve System?
100
Historically, consumers and even the labor force have come second to this group when it comes to economic policy.
What are businesses?
100
This type of policy was set during the Sherman act to ensure there would be no monopolies on an industry.
What is Anti-Trust policy?
200
This is the key concern for Republicans in the economy
What is inflation?
200
Recently Walmart had one of these filed against them for the fair treatment of women where a small group sued on behalf of a much larger group.
What is a class action lawsuit?
200
This is how the Fed controls the inflation rates.
What is controlling the money supply?
200
This agency is repsonsible for regulating false and misleading trade practices, getting Martha Stewart put in jail.
What is the Federal Trade Commission?
200
This group regulates stock market fraud.
What is the Security and Exchange Commission?
300
This is the best indicator for the potential re-election of a candidate
What is the condition of the economy.
300
This is when companies send jobs overseas because they can produce their products cheaper.
What is outsourcing?
300
This is how the Fed supports the government, especially during a recession
What is buying and selling government bonds?
300
This was created in 1913 to approve the quality of "ingestible materials" in the US.
What is the Food and Drug Administration (FDA)?
300
This is a way the government helps businesses so that they are safe and fair to consumers.
What are regulating industries?
400
Unemployment measures the amount of people in the labor force that are doing this.
What is actively seeking work but unable to find it.
400
These are three things that the labor force has going for them have made companies like Walmart send jobs oversees because it is more cost effective.
What are minimum wage, labor unions, collective bargaining?
400
The Fed sets this to help control the money supply.
What is the federal funds rate?
400
These are two benefits to the labor force given out or set by the government.
What are unemployment compensation and minimum wage.
400
This is one of the biggest benefits for businesses from the government, giving all businesses a fair advantage for good competition.
What is collecting and publishing data?
500
This is the key measure of inflation that relates the rise of prices over time.
What is the Consumer Price Index?
500
This is when you can make your product cheaper and more abundantly than the competition.
What is comparative advantage?
500
The location of the Federal Reserve Bank
What is Washington DC?
500
This act guaranteed labor unions the right to practice collective bargaining, as long as they did it fairly.
What is the Taft-Hartley Act of 1947?
500
This is a way that the government helps businesses that are struggling, as it did with the housing market in 2008.
What are government loans to businesses?
M
e
n
u