Question

(MEDAL AND A FAN!) Civics Help!

Answer 1

@soulkingdom ask me your question here so i can give you more medals

Answer 2

oooo........some one alredy answerd it

Answer 3

sorry

Answer 4

ok well i have a few more civics questions, do u want another medal?

Answer 5

sure ^_^

Answer 6

A local government decides to use taxpayer dollars to pay for a community recreation building. Those funds could have been used instead to fund public transportation or new computers for public schools. What term best describes the value of the other things the funding could have been used for?

Supply and demand

Scarcity

Opportunity cost

Market economy

Answer 7

Do you have any ideas?

Answer 8

i think it would D or C

Answer 9

i have a feeling C is right,do we all agree on C?

Answer 10

Agreed!

Answer 11

AGREE :P

Answer 12

alright, great next question:
Individuals, as well as governments, must create budgets. Which of the following applies only to an individual's budget?

The budget process must show fixed and variable expenses.

Most income or revenue comes from earnings from a job.

Most expenses are used to support the common good.

The budget process must include calculating income.

Answer 13

i strongly think itz D

Answer 14

alright, i think it is too, but i dont know that much about civics :p next question:
Which best describes one of the ways in which the Federal Reserve has an impact on the national economy?

The Federal Reserve helps the economy by keeping inflation low in times of economic growth.

The Federal Reserve keeps interest rates low, especially in times of economic growth, to make sure the economy grows as fast as possible.

The Federal Reserve issues securities, which takes money out of circulation, slowing economic growth.

The Federal Reserve collects income taxes, which hurts the national economy by taking money out of circulation.

Answer 15

i think itz C

Answer 16

ok, @Ashleyisakitty do you agree?

Answer 17

i think shes gone

Answer 18

oh, well i think it might be C too and next question:
In what way do mixed and market economies support the ideals of democracy?

Mixed and market economies elect a few farmers and local leaders to choose which goods and services to produce.

Mixed and market economies do not produce more goods or services than what people need to survive.

Mixed and market economies allow all economic decisions to be made by a few well-qualified government officials.

Mixed and market economies protect individuals' ability to make their own economic decisions.

Answer 19

D not rilly sure

Answer 20

Yeesh, sorry I dont know about the other one.

But I agree with Soulkingdom, I think it's D). Assuming you two are American, youll see we are able to buy as much as we want, and go into whatever business we want, and we live in a Democratic society. so, D.

Answer 21

ok ^_^

Answer 22

ok, great we all agree!
so here is the next questions:
Which best explains how local taxes can support a local economy?

Local taxes often support construction of state universities and national colleges. These services create an educated workforce that will benefit the economy.

Local taxes often pay for road repair, firefighters, and police officers. These services create jobs and help society run smoothly.

Local taxes can only hurt an economy. Taxes take money out of circulation and cause businesses to move away.

Local taxes often support investments in science, space, and technology, which will benefit the economy in the long run.

Answer 23

itz so B

Answer 24

wow, u r relly good at this, whats ur grade in Civics?

Answer 25

idk but right know itz an 82.83%

Answer 26

all together itz a 82.55%

Answer 27

wow heres the next question:
A nonprofit organization does not issue stock shares or distribute its extra funds to owners or shareholders. If all businesses were required to operate as nonprofit organizations, how might that hurt a free market economy?

People would be less likely to buy goods and services in they thought a company could not issue stock.

Business owners would be less likely to invest in their businesses if they could not personally profit from them.

People would be less likely to buy goods and services if they thought that the owners or shareholders could not profit.

Nonprofit organizations cannot provide goods and services

Answer 28

i think B

Answer 29

ok i think it is B too

Answer 30

ok

Answer 31

alright next question:
Wally has a hobby. He likes making furniture. He finds that he gets many compliments on the furniture he makes. Why would it be in Wally's best interest to go to a craft fair and sell some of his custom furniture?

If the cost of making the furniture was less than the price that Wally believes he would be able to sell it for

If there were not many other people selling custom furniture at the craft fair

If Wally believed that he would only be able to sell the furniture for less than the cost of the materials he used to make it

If Wally determined that the demand for custom furniture was low

Answer 32

i think D

Answer 33

alright i think it might be too but lets see if all three of us agree @Ashleyisakitty

Answer 34

k

Answer 35

so while we wait, what oother subjects are you good in? Are you good in Language Arts or Math?

Answer 36

not good in language but math im suck in it sorry

Answer 37

its alright as long as you are good in Civics right now its awesome how long do u usually stay on here?

Answer 38

probz till 6:30

Answer 39

k well lets go on to the next question i dont ashley is coming back:
Marty is a successful entrepreneur who opened a fast food restaurant selling soup and sandwiches. He opened his first restaurant in Colorado, and soon after expanded to New Mexico, Arizona, and Texas. What might be one reason why Marty's business is expanding?

Higher per capita incomes in Colorado, New Mexico, Arizona, and Texas than elsewhere

Reduced demand for soup and sandwiches in neighboring states

Absence of potential customers in other states

Positive shared experience spread among Marty's customer base through cultural diffusion

Answer 40

i will be back

Answer 41

ok

Answer 42

Positive shared experience spread among Marty's customer base through cultural diffusion

Answer 43

wow, thanks man. have you already done this test or somethin?

Answer 44

yah i think i did

Answer 45

you already did your final exam?

Answer 46

idk

Answer 47

but i think itz C

Answer 48

C?

Answer 49

well ZDoubleM did u already do the test or are you really sure it was D?

Answer 50

I was sure it was D, but i may be wrong.

Answer 51

C doesnt sound right to me, but if you took the test then you should be more qualified to answer.

Answer 52

i not sure if i did or not

Answer 53

well is your civics class done?

Answer 54

not yet have world.....thing left

Answer 55

I hope you get the right answer, good luck mate

Answer 56

lets just do another question:
What term refers to the total amount of a good or service that people are willing to purchase?

Demand

Opportunity cost

Supply

Scarcity

Answer 57

A so A

Answer 58

ok next question:
For what reason might the United States government raise taxes instead of borrowing money to pay for a new government service?

To avoid increasing the flow of money in the economy

To avoid having to change the federal interest rate

To demonstrate that people support the concept of taxation more than borrowing

To avoid paying interest on savings bonds

Answer 59

i think D

Answer 60

great just a few more questions:
Which of the following best illustrates the government's role in controlling financial institutions?

The government directly influences the price of stocks in the stock market by taxing purchases of stock.

The government limits the amount of loans that individuals can take out from banks.

The government regulates the terms that credit card companies can give their customers.

The government directly sets the interest rate that banks charge for loans.

Answer 61

i think D

Answer 62

ok, next question:
Which law helped prevent companies from lowering prices in order to drive out competition?

No Child Left Behind Act

Alien and Sedition Acts

Digital Millennium Copyright Act

Sherman Antitrust Act

Answer 63

D?

Answer 64

but let me make sure

Answer 65

It is D without a doubt

Answer 66

ok and @ZDoubleM the last question we did before this, what do u think the answer was?

Answer 67

one sec

Answer 68

@mia99 what do you think of the last question?

Answer 69

@TwilightSparkleIsBestPony honestly i do not feel confident enough to give a correct answer on that question, sorry mate.

Answer 70

I think it is A

Answer 71

wait for this question correct ?
Which of the following best illustrates the government's role in controlling financial institutions?

The government directly influences the price of stocks in the stock market by taxing purchases of stock.

The government limits the amount of loans that individuals can take out from banks.

The government regulates the terms that credit card companies can give their customers.

The government directly sets the interest rate that banks charge for loans.

Answer 72

i think D

Answer 73

i passed and finished the second part of the exam, talk to you tomorrow @soulkingdom have a nice night and you too @ZDoubleM you both will get medals

Answer 74

@TwilightSparkleIsBestPony no problem, sleep well.

Answer 75

yaz talk to u tomarow