Question

Help Please
Question 3 (Multiple Choice Worth 4 points)

(06.03 MC)

The federal government approves additional funding for food resources in Africa. Which of the following would be a potential negative externality for the global environment?

Demands on food resources in Africa increase.

Incidents of starvation-related illnesses decrease.

Local economies benefit from increasing number of aid workers.

Other countries follow suit and shift funds from conservation to food.
@ganeshie8
@SolomonZelman
@Luigi0210

Answer 1

Question 4 (Multiple Choice Worth 4 points)

(01.07 MC)

Which of these illustrate the divisibility of money?

Carlos uses five dollars in cash and $10.45 in credit to pay for dinner.

Esperanza exchanges a one dollar bill for four quarters.

Jose carries coins and bills in his wallet.

The one dollar bill in Mia's pocket stayed intact in the laundry.

Question 5 (Multiple Choice Worth 4 points)

(04.03 LC)

Which best describes the function of the Federal Reserve System?

Administration of taxes

Control of the money supply

Oversight of international trade

Regulation of commerce

Question 6 (Multiple Choice Worth 4 points)

(04.02 MC)

Which of these is a natural monopoly?

Cell phone service

Computer repair

Package delivery service

Sewage treatment

Question 7 (Multiple Choice Worth 4 points)

(04.04 MC)

Economic forecasters predict a long period of job growth and consumer spending. The Federal Reserve is most likely to do which of the following to encourage this expansion?

Increase federal funds rate

Keep the discount rate low

Sell government securities

Maintain high reserve requirements