Study Guide: Final Units Test

The three tools of monetary policy are: (1) changing the required reserve ratio, (2) adjusting the discount rate, and (3)

Which is an example of debt financing?

Which describes a bear market?

Which is the purpose of the Securities and Exchange Commission (SEC)?

Which of the following best describes a dividend? Options: percentage ownership of a corporation, difference between costs and revenues, share of a company's profit paid to each stockholder, increase in a person's investment

Why is taxation necessary?

What is a progressive tax?

Who has to approve the budget of the U.S. government?

Which is an example of a public good? Options: textbooks, food, a waterfall, road building

Which describes the U.S. Postal Service? Options: government agency, government contractor, government corporation, unconnected to the government