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Economics

Part 3 unit 1

QuestionAnswer
What makes up the largest percentage of the US spending in the 2010 budget? Military
The collapse of ___ greatly altered US military spending Russia
___ holds a large portion of US debt in 2010 China
In 2010 ___ was recently increased greatly health care spending
The Biggest responsibility that consumers have is to educate themselves on the products they are interested in, including it's benefits and potential costs or problems
Which government agency ensures that businesses operate legally so that the consumer will not be mislead or harmed? Federal Trade Commission
The future of the US social security system is in jeopardy because of the baby boom generation
in a traditional economic system, which scenario would one most likely see? A farmer who grows a one acre farm to produce all the vegetables his family will need over the course of growing season
which movement influenced the concepts of the market economic system? Enlightenment
One of the first three departments of the early american government was the Department of state
All of the following are economic powers of the US government under the US constitution EXCEPT the senate passes all bills dealing with revenue
Hamilton's economic plan included all of the following parts EXCEPT Creation of a new set of bank notes
In the area of economics, the government divides its earning marks into quarters, or every Three months
A country's economy and GDP must be in decline for____ in order for it's economic condition to be considered a recession. six months
President Andrew Jackson caused a depression which followed after Martin Van Buren took office because of his fight to close the Bank of the United States
Which scenario does NOT express a decision made with an economic perspective ?
Created by: 100001626381832
 

 



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