What is an economic monopoly?(1 point) Responses A game that you play with friends and family A game that you play with friends and family A type of government system with one ruler A type of government system with one ruler A company that is the only provider of a certain good or service A company that is the only provider of a certain good or service A type of music that is popular in the United States A type of music that is popular in the United States
A company that is the only provider of a certain good or service
Which of the following is not one of the main things that the Federal Reserve does?(1 point) Responses Sets policies to achieve maximum employment Sets policies to achieve maximum employment Supervises and regulates banks to ensure fair treatment of customers Supervises and regulates banks to ensure fair treatment of customers Provides financial services to other banks Provides financial services to other banks Prints money for the government to use for spending Prints money for the government to use for spending
Prints money for the government to use for spending
How is Gross Domestic Product (GDP) calculated?(1 point) Responses By adding up the value of all goods and services produced in a country in a year By adding up the value of all goods and services produced in a country in a year By dividing a country's population by the number of goods and services produced in a year By dividing a country's population by the number of goods and services produced in a year By calculating the total income earned by all people in a country in a year By calculating the total income earned by all people in a country in a year By determining the total amount of money a country has in its treasury in a year. By determining the total amount of money a country has in its treasury in a year.
By adding up the value of all goods and services produced in a country in a year
