Why are coins easier than gold bars to use as money?
A. Coins are more durable.
B. Coins are more portable.
C. Coins are more uniform.
D. Coins are more limited.
B. Coins are more portable.Auto answered|Score .7|latefisher|Points 3420|User:
About half of all federal discretionary spending goes towards
A. Social Security.
B. civilian salaries.
About half of all federal discretionary spending goes towards: C. EDUCATION. [www.cbpp.org/cms/index.cfm?fa=view&id=3816
]Auto answered|Score 1|andrewpallarca|Points 18716|User:
What is the biggest category of federal discretionary spending?
A. Social Security
B. civilian salaries
It is: D. defense
Auto answered|Score 1|stan_r|Points 1382|User:
What is the main source of tax revenue for local governments?
A. inheritance taxes
B. income taxes
C. property taxes
D. sales taxes
... whether it's a sales tax, state income tax or property taxes. ... source of income for local governments, ... [ Sales taxes are a main revenue raiser for ... www.ehow.com/state-income-taxes/
] Auto answered|Score .6864User:
Why is representative money more useful than commodity money?
A. Representative money can be used for other things besides currency.
B. Representative money has value because the government says it does.
C. Representative money exists in unlimited supply, so more people use it.
D. Representative money is portable, durable, divisible, and acceptable.
D. Representative money is portable, durable, divisible, and acceptable. Auto answered|Score 1|scijoe21|Points 2265|User:
Your neighbor asks you to invest $500 in her new business. You want to invest but are concerned because your neighbor has not had any business experience. How can you offset your risk?
A. Ask for a high interest rate in exchange for the loan.
B. Invest your $500 in a certificate of deposit.
C. Use the $500 to open a savings account.
D. Lend you neighbor the $500 and keep your fingers crossed.
The answer is A. Ask for a high interest rate in exchange for the loan.Auto answered|Score 1|bongche|Points 3864|User:
What happens to the percentage of an income that is taxed when income rises and the tax is a proportional one?
A. The percentage of tax falls.
B. The percentage of tax rises.
C. The percentage rises and then falls.
D. The percentage of tax stays the same.
In the given scenario, income and tax are proportional to each, therefore, if generated income rises that tax rises as well but therefore net income after tax decreases. For instance, Year 1 generated income is 10,000 and tax charges is 20%, and on year 2 generated income is 20,000 and tax charge is 40%. Income after tax for Year 1 is 8,000 and for year 12,000. Hence, proportional increases in income and tax will cause the net income after tax to decrease. Auto answered|Score .6User:
Which of the following has contributed to a recent banking crisis?
A. sub-prime mortgages
B. wildcat banks
C. bank fraud
A. sub-prime mortgagesAuto answered|Score 1|Princess Mel|Points 300|User:
What is usually the relationship between a bond’s rating and the interest rate a company pays to buyers?
A. The rating is the same as the rate.
B. The higher the rating, the lower the rate.
C. There is no relationship.
D. The higher the rating, the higher the rate
... on a credit report usually negatively affects your credit rating, ... There is no standard interest rate. ... [ card company to lower your limit could be ... www.ehow.com/what-affects-credit-score/
] Auto answered|Score .5739User:
A day trader tries to make a profit by
A. investing only in blue chip stocks.
B. speculating with borrowed money.
C. reducing risky investments.
D. taking advantage of minute-by-minute changes in stock prices.
day trader tries to make a profit by C.taking advantage of minute-by-minute changes in stock prices. Auto answered|Score .9536|jameshand|Points 2049|User:
What does a mutual fund do?
A. invests the savings of many investors
B. makes loans to banks
C. borrows money to lend to its members
D. insures companies
A. invests the savings of many investorAuto answered|Score 1|andrewpallarca|Points 18716|User:
What was one cause of the Savings and Loan crisis in the 1980s?
A. not enough gold to back loans
B. losses from risky loans
C. too much regulation
D. defaults on sub-prime mortgages
What was one cause of the Savings and Loan crisis in the 1980s? B. losses from risky loansAuto answered|Score 1|Linksca|Points 50|User:
As part of the nation’s recovery from the Great Depression of the 1930s, the banking system was reformed in which of the following ways?
A. The government paid off loans for large corporations.
B. The Federal Reserve Banks were closed.
C. Banks were deregulated by the government.
D. The banking system was taken off the gold standard.
As part of the nation?s recovery from the Great Depression of the 1930s, the banking system was reformed in which of the following ways? Answer is D. The banking system was taken off the gold standard. [ http://openstudy.com/updates/4f8dab4de4b000310faa7b52
] Auto answered|Score 1|jessMhak|Points 30|
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