Ok so i have a ton of questions i need answered for this test im taking. its on economics. anyone think they can ? you. or message me 20 points
all of the following were powers given to the federal government by the national banking acts of 1863 and 1864 except which one?
a. to charter banks
b. to require banks to hold adequate gold and silver reserves
c. to issue a single national currency
d. to dismantle privately owned banks
when economists measure opportunity cost to determine the true value of economic decisions, they consider both the
a. environmental and human value.
b. monetary and resource value.
c. environmental and resource value.
d. monetary and human value.
which of the following was not an economic institution created in europe to foster economic unity among the countries there?
a. european coal and steel community (ecsc)
b. european economic exchange (eee)
c. european economic community (eec)
d. european union (eu)
though the challenges of decision making are similar at all levels of the economy,
a. individuals make more important decisions.
b. the impact decreases as more people are involved.
c. the impact increases as more people are involved.
d. businesses are the best at making economic decisions.
all except which of the following options could describe the statement below?
you get something and you give up something else.
a. opportunity cost
b. consumer sovereignty
c. trade-off
d. exchange
who proposed the first bank of the united states?
a. andrew jackson
b. alexander hamilton
c. thomas jefferson
d. james madison
as an economic institution, nonprofit organizations include:
a. business associations
b. trade associations
c. corporations
d. professional organizations
in economics, economic institutions serve to
a. establish and keep participation in the economy fluid.
b. collect all extra resources for redistribution.
c. detain individuals who do not voluntarily participate in economic exchange.
d. create various currencies when the supply runs low.
who is credited with first using cost-benefit analysis?
a. adam smith
b. jules dupuit
c. alfred marshall
d. john maynard keynes