1.Suppose that people in your community voted to eliminate all local taxes. Which of these goods and services would most likely disappear?
A-Interstate highway
B-Neighborhood trash pick-up
C-Regional military base
D-Grocery store parking lots
wow wat a mean teacher
Then d? i really need to hurry
Is b
The teacher isn’t mean the dude was hardly trying. LOCAL Means that one area.
Suppose that people in your community voted to eliminate all local taxes. Which of these goods and services would most likely disappear?
A.
interstate highway maintenance
B.
neighborhood trash pickup
C.
regional military base
D.
grocery store parking lots
B. Neighborhood trash pickup would most likely disappear as it is usually provided by local governments and paid for by local taxes. The other goods and services are usually funded at federal level or by other means of revenue.
What is the best definition of the term recession?
A.
a time when net imports are greater than net exports
B.
a period of decline in overall income and employment
C.
a time when GDP per capita rises overall
D.
a period of heightened government spending
B. A recession is defined as a period of decline in overall income and employment.
A lighting technician’s work on a movie shoot ends in a week. What type of unemployment will she experience at that time?
A.
frictional
B.
structural
C.
casual
D.
cyclical
A. The lighting technician in this situation will experience frictional unemployment, which is unemployment that results from workers who are searching for new jobs or who are transitioning between jobs.
Which is an example of a lending investment?
A.
stocks
B.
bonds
C.
money market
D.
cash
B. Bonds are an example of a lending investment. When an investor buys a bond, they are essentially loaning money to the bond issuer, who agrees to pay back the face value of the bond plus interest over a set period of time.
Which of the following happens to stock when a company’s profits fall?
A.
Shareholders get stock insurance payments.
B.
Shareholders’ stock loses value.
C.
Shareholders are given more stock.
D.
Shareholders cash in their interest.