Question

Check questions please.

Answer 1

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.

I picked A for this

Answer 2

The Great Depression was a period of high unemployment, poverty, and deflation. When the United States entered World War II, the government increased spending, resulting in inflation and decreased unemployment. Which of these characterizes the period of increased government spending?

Contraction

Expansion

Peak

Trough

Picked B for this.

Answer 3

A livestock ranch decides to expand its operations. Which of the following would be a negative externality for the local environment?

Higher property taxes

Less land for development

Less use of renewable resources

More groundwater pollution

I picked D but not sure

Answer 4

Imagine the federal government has a national debt of $10.2 trillion. Congress's budget for the coming year includes a spending projection of $4.2 billion. Tax revenue projects $3.8 billion. Which fiscal policy should Congress adopt to avoid increasing the national debt?

Cut interest rates

Decrease spending

Lower taxes

Raise reserve requirements

I think B ha

Answer 5

Mariposa is buying a car for five thousand dollars. She has two thousand dollars. What is the best way to finance the balance?

Store credit

Credit card

Installment credit

Service credit

Picked C

Answer 6

@lopezking1

Answer 7

@Asevilla5 was Mariposa is buying a car for five thousand dollars.... C right