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Apex Economics Final Exam Review

work properly. The government needs money to ensure competition, protect consumers, and provide public goods. Question 2a of 25 (3 Taxes ). Maximum Attempts: 1. Question Type: Matching. Maximum Score: 2. Question: Match each type of tax with an example of its use. Choice Text. Correct. Match. Match Text. Match each type of government action with its purpose. A. Tariffs To guarantee free choice B. Anti-fraud laws To protect domestic industry C. Environmental- protection laws To safeguard natural resources? Edit · Classic editor · History · Talk (0). Share. Question 10b of 10 (3 Protectionist policies ) Maximum Attempts: 1 Question Type: Matching Maximum Score: 2 Question: Match each of the protectionist policies below with an example of government action that fits the definition. Choice Text Correct Match Match Text A. Tariff B. The government limits the number of.

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APEX Econ The Government Is a Police Officer Flashcards | Quizlet

This preview shows document pages 11 - Sign up to view the full document. Choice text correct match match text a tariff b the.

Congress passes specific spending bills. The government taxes the import of coffee from South America. The increasing interconnectedness of peoples and countries around the world is known as what?

The government limits the import of sugar from other countries. The government puts a high tax on sugar made in other countries. The government pays sugar farmers to keep sugar prices low. Global Incorrect Feedback The correct answers are: The government puts a high tax on sugar made in other countries; Quota: The government limits the import of sugar from other countries; and Subsidy: Question 10b of 10 3 Protectionist policies Maximum Attempts: Match each of the protectionist policies below with an example of government action that fits the definition.

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The government limits the number of foreign cars that can be sold in the United States. The government gives money to domestic car-makers to help them remain competitive. Subsidy The government charges a tax on foreign cars sold in the United States. Incorrect Feedback Correct Feedback Correct!

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The government charges a tax on foreign cars sold in the United States; Quota: The government limits the number of foreign cars that can be sold in the United States; and Subsidy: Question 10c of 10 3 Protectionist policies Maximum Attempts: The government taxes the import of coffee from South America.

The government provides domestic coffee growers with free land for growing beans.

Match Each Type Of Government Action With Its Purpose

The government limits the amount of South American coffee that can be sold in the United States. The government taxes the import of coffee from Http://moonmeet.info/hook-ups/54515451q-dating-54515451h.php America; Quota: The government limits the amount of South American coffee that can be sold in the United States; and Subsidy: This is the end of the preview.

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Match Each Type Of Government Action With Its Purpose

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In a free-market system, the profit motive motivates producers to do which of the following? Which of these is not an example of a trade restriction? In the game of economics, producers get the information they need to determine how much people are willing to pay for a good or service from which of the following? What is a progressive tax? Congress decides on the overall level of spending and taxation and passes specific spending bills.

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