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Mathematics 18 Online
OpenStudy (anonymous):

Susan would like to buy a house in the near future using the money she will inherit from her grandfather to make the down payment on a loan. Which of the following policies would hurt her the most? Select the best answer from the choices provided. The government increases sales tax to balance the budget. The Fed increases interest rates to slow down a boom. The government replaces a property tax with a capitation tax. The Fed decreases interest rates to stop a bust.

OpenStudy (anonymous):

@zynell

OpenStudy (anonymous):

The actions of the Fed can dramatically impact how much it costs Sally to buy a home or car or to pay off credit card debt.

OpenStudy (anonymous):

D

OpenStudy (anonymous):

The amount of money in the U.S. economy is directly controlled by _____. Select the best answer from the choices provided. Congress the Fed the banks gold production

OpenStudy (anonymous):

@zynell

OpenStudy (anonymous):

B

OpenStudy (anonymous):

yep you are right

OpenStudy (anonymous):

Today currency is not backed by precious metal. Dollars are issued by the Federal Reserve, the central banking system of the United States, also known as the Fed.

OpenStudy (anonymous):

When unemployment levels are low and prices are high, the market is _____. Select the best answer from the choices provided. contracting in a bust expanding stagnant

OpenStudy (anonymous):

A

OpenStudy (anonymous):

its C

OpenStudy (anonymous):

yeah sorry, read that wrong.

OpenStudy (anonymous):

i have some source why is C

OpenStudy (anonymous):

Booms often fuel stock market expansions. As the economy grows, the value of stocks increases because investors expect companies to make greater profits. Investors expect companies to pass profits on to stockholders.

OpenStudy (anonymous):

If the boom is accompanied by low unemployment

OpenStudy (anonymous):

Booms and Expanding Markets

OpenStudy (anonymous):

contracting and bust are the same thing

OpenStudy (anonymous):

bust and contracting have high low employment and lower prices

OpenStudy (anonymous):

A

OpenStudy (anonymous):

its c

OpenStudy (anonymous):

the price are high in expanding

OpenStudy (anonymous):

okay.

OpenStudy (anonymous):

are you doubting me?

OpenStudy (anonymous):

. Booms see rising wages for most workers in the economy, while busts see falling wages for most workers

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