Show:
Level 1
Level 2
Level 3
Level 4
Level 5
100
When the current cost of debt financing is less visible to voters than taxation
What is why legislators often find debt financing more attractive than taxation?
100
when markets tend to supply an insufficient amount of good
What is the nature of a good when it is difficult for business to withhold it from non-paying customers?
100
Capital formation, improvements in technology and gains from trade make higher incomes possible
What is the best explanation for legislators finding debt financing more attractive than taxation?
100
move your assets into bonds and out of stocks.
What is characteristics of monetary (financial) policy for the promotion of growth and prosperity?
100
benefits favoring industries is highly visible while secondary effects of lost jobs in other industries is less visible.
What is the reflection of trade restrctions, tariffs and quotas?
200
start saving regularly at an early age and take advantage of compound interest
What is The key to converting a small amount of money now into a large amount of money in the future?
200
when a person has a bad credit history and a lot of debt.
What is higher finance charges?
200
managing your spending and savings.
What is a monthly budget?
200
keep inflation low and the general price level stable.
What is another characteristic of monetary (financial) policy for growth and prosperity?
300
Special interest voters who feel strongly about an issue.
What is in a democratic representative government legislators receiving incentives to support programs of special interest groups
300
which resources are being used productively and which are allocated to users.
What is the information a market economy provides about profits and losses?
300
a market environment of open competition where business are free to enter and exit.
What is most likely to result in quality goods at economical prices?
300
both teams expect to benefit from the trade.
What is professional sports teams trading the services of players?
300
decide how property will be use as long as it is not invaded or physically damaged.
What is expected by owners seeking private ownership?
400
keep tax rates low in order to strengthen the dollar and stop inflation
What is the strategy to stimulate recovery from a serious economic recession?
400
less driving and a reduction in the quality demanded of gas.
What is a sharp rise in gas prices expected response to change this incentive?
400
citizenry, protection of property rights, enforcement of contracts.
What is the governments promotion of economic prosperity?
400
best alternative use of the resources given up for the park.
What is opportunity cost of a new city park?
500
to reduce the likelihood of a dramatic change in value over a short period of time.
What is importance of a diversified stock portfolio?