Business Questions

Besides the cost of an education, what additional expenses must students pay? Check all that apply.housingmealssuppliestextbookstuition

Which statements correctly describe the FAFSA? Check all that apply.It can only be completed in person or through the mail.It requires students to provide their financial information.It gives students access to money from the government.It helps determine whether a student needs financial aid.It helps predict how much a student will make in the future.

How do corporations raise money and resources to expand?They request a bank loan.They save business profits.They cash in dividends.They agree to sell stocks

Which statement best defines tuition?Tuition is federal money awarded to a student.Tuition is aid given to a student by an institution.Tuition is money borrowed to pay for an education.Tuition is the price of attending classes at a school.

The job outlook for physical therapistsis weak to very poor.depends on the economy.will remain stable.will improve over time.

Which statement best explains a grant?A grant is federal money awarded to a student.A grant is aid given to a student by an institution.A grant is money borrowed by a student to pay for an education.A grant is the price of attending classes at a school.

If union contracts raise wages above competitive levels, what might be one negative outcome?Industries will raise salaries for top-level workers but not entry-level workers.Companies will move overseas to escape unions and hire cheaper labor.Inexperienced workers will lose their jobs to more experienced workers.Employees will be content with their status and thus less likely to join unions.

Which best describes the idea behind the "invisible hand"?Producers decide what to make for consumers, which guides the economy. Producers and consumers work together, which guides the economy.Government sets policy for producers and consumers, which guides the economy.Consumers decide what they need and want to buy, which guides the economy

Monetarism plays a role in economic growth byexpanding government intervention.influencing the supply of goods.expanding government spending.influencing the supply of money.

Why did Friedrich Hayek call expansionary spending dangerous?He felt it could lower the money supply and cause deflation.He felt it could lead to inflation and poor decisions by consumers.He felt it could lead to deflation and poor decisions by consumers.He felt it could lower available credit and cause a drop in prices

Milton Friedman argued that consumers are more likely to alter their behavior based onchanges in the unemployment rate.short-term changes in the economy.long-term changes in the economy.changes in the inflation rate.

What is one benefit for US workers who have a college degree rather than a high school diploma?More than 80 percent of jobs require a college degree.Those with a college degree report higher job satisfaction.Most workers with a college degree are immune to layoffs.Those with a college degree earn nearly twice as much as those without college

What was the status of US workplace safety laws in 1900?A few states had tried to pass safety laws, but they had no public support.Most states had passed some safety laws, but enforcement varied.Most states opposed safety laws, but workers began to demand them.All states had safety laws, but no one bothered to enforce them.

Which is a function of regulatory agencies?encouraging business compliancecreating legislation for businessesencouraging negative externalitiescreating new business opportunities

A regulatory agency that protects workers isOSHA.EPA.FDA.SEC.

Friedrich Hayek believed that behaviors could be easily predicted.individuals could not influence the economy.the economy is simply explained through behaviors.the economy is too complicated to apply aggregates.

Which are duties of OSHA? Check all that apply.investigating worker complaintsinspecting imported foodinspecting businesseslabeling productsprotecting the environment

In the 1870s, __________ began to investigate factory conditions.

Classical economics played an important role in helping the United States establish ________________

Both newspaper journalists and postal workers have been negatively affected bythe popularity of electronic communication and the Internet.declining literacy rates and lack of interest in reading.government budget cuts that led to fewer jobs in these fields.competition with cheaper labor performed by overseas workers.