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Unit 07 (1a-3a)
White 09 - Unit 7 (1a-3a)
| Question | Answer |
|---|---|
| Ways the Government Promotes Competition: The government enforces antitrust legislation to ________ the development of monopolies | Discourage |
| Ways the Government Promotes Competition: The government _______ globals trade. | Supports |
| Ways the Government Promotes Competition: The government _______ business start-ups. | Supports |
| Which government agency regulates communications by radio, television, and other means? | Federal Communications Commission(FCC) |
| Which government agency enforces antitrust laws and protects consumers from unfair business practices? | Federal Trade Commission (FTC) |
| What government agency regulates the stock market and protects investors? | Securities and Exchange Commission (SEC) |
| Who provides public goods and services? | Governments |
| Who benefits from public goods and services, but probably could not provide them in most cases? | Individuals and Businesses |
| Which is NOT an example of public goods and services. Interstate Highways National Defense Private Financial Institutions Public Schools | Private Financial Institutions |
| How does the government pay for most public goods and services? | Tax Revenue |
| How else can the government generate revenue to pay for public goods and services? | Borrowed Funds, Fines, and Fees |