Question

URGENT!!!!

1.Which factor does NOT affect your credit score? *
a.Types of Credit Borrowed
b.Payment History
c.Joining a bank or credit union
d.Amount of money you owe

2.What does is mean to have no Government Involvement in Econ? *
a.Laissez Faire
b.Income Inequality
c.Economic Independence
d.Freedom for Income

3.What is the one thing all governments believe needs to be developed to have a successful economy? *
a.TECHNOLOGY
b.TRAINING
c.BUSINESS CYCLES
d.WAGES

4.Which Economic System is based on mix of equality and liberty *
a.Socialism
b.Fedualism
c.Communism
d.Capitalism

5.Which financial institution is the USA central bank for all money ?? *
a.The Gross Domestic Product
b.The Federal Reserve
c.The International Monetary Fund
d.The Financial Operations Committee

6.What does it mean to have Economic Independence? *
a.YOU SPECALIZE IN SOME ITEMS
b.YOU CHARGE EXTRA FOR YOUR ITEMS
c.YOU DO NOT BORROW FROM ANYONE
d.YOU GIVE OUT MONEY TO OTHERS

7What is the yearly interest rate for financing anything? *
a.FICA
b.FDIC
c.SEC
d.APR

8.Tax Breaks for COCA COLA to build a new warehouse in Chattanooga is an example of what for COCA COLA? *
a.CAPITAL INCREASE
b.LAND DISTRIBUTION
c.PROFIT DEDUCTION
d.AN INCENTIVE

Answer 1

1. a types of credit borrowed

2. c economic independence

3. b training