Economics 9 out of 50 quistions i need help answering the 9 its for a bigtest i must pass it plz help asap?

Question by Bigdog92: Economics 9 out of 50 quistions i need help answering the 9 its for a bigtest i must pass it plz help asap?

if u find them on the web plz list the links plz thank you
____is known as the capacity to be useful.

A. Wealth

B. Utility

C. Productivity

D. Paradox of value

The sum collection of those economic products that are tangible, scarce and useful. This is known as ___________.

A. Wealth

B. Productivity

C. Utility

D. Value
The _________ issued a recall of asbestos-insulated hair dryers, put an end to the use of benzene in paint removers, banned the use of Tris, cancer-causing flame retardant in children’s clothing-and required that slats on baby cribs be set closer together to prevent strangulation.

A. Occupational Safety and Health Administration

B. Food and Drug Administration

C. Consumer Product Safety Commission

D. Federal Power Commission

E. None of the above
There are government agencies not only to protect our health, but to protect our pocketbooks. ____________ tries to prevent deceptive advertising. These are called Truth in Advertising laws. It has made producers of aspirin pills, diet breads, toothpastes, cigarettes, and numerous other products either prove their claims or change their advertisements.

A. The Federal Trade Commission

B. Occupational Safety and Health Administration

C. Consumer Product Safety Commission

D. Food and Drug Administration

__________includes buildings, machinery and equipment.

A. Physical Capital

B. Human Capital

C. Neither
Fed and State Governments make payments to lower levels of government. These are known as_________.

A. Grants in Aid

B. Subsidies and Incentives

C. Transfer Payments

D. Direct Purchase
Given by government, raised by taxes, to assist individuals who give the government nothing in return. This is known as_______.

A. Subsidies and Incentives

B. Grants in Aid

C. Transfer Payments

D. Transfer Incentives
THe_________sought to prevent the creation of monopolies by defining specific illegal practices such as trusts and interlocking directorates.

A. Celler – Kefauver Act

B. Sherman Antitrust Act

C. Interstate Commerce Commission Act

D. Clayton Antitrust Act
The_________was a set of federal deficit targets for Congress and the President to meet over a six year span of time. The federal deficit was to decrease each year until it reached zero in 1991.

A. Budget Enforcement Act (BEA) of 1990

B. Balanced Budget and Emergency Deficit Control Act of 1985

C. Omnibus Budget Reconciliation Act of 1993

D. Omnibus Budget Reconciliation Act of 1985

Best answer:

Answer by Josh A
c
a
c
a
a
b
b
b
b

Give your answer to this question below!

i need Economics help asap 9 quistions 10 points?

consumer product recalls
by Public Citizen

Question by Bigdog92: i need Economics help asap 9 quistions 10 points?

same thing on this link i asked 2 know sp plz help
http://answers.yahoo.com/question/index;_ylt=AhtSFzJghJdfYOzfKuaGkW3sy6IX;_ylv=3?qid=20100330110426AA3rtyOif u find them on the web plz list the links plz thank you
____is known as the capacity to be useful.

A. Wealth

B. Utility

C. Productivity

D. Paradox of value

The sum collection of those economic products that are tangible, scarce and useful. This is known as ___________.

A. Wealth

B. Productivity

C. Utility

D. Value
The _________ issued a recall of asbestos-insulated hair dryers, put an end to the use of benzene in paint removers, banned the use of Tris, cancer-causing flame retardant in children’s clothing-and required that slats on baby cribs be set closer together to prevent strangulation.

A. Occupational Safety and Health Administration

B. Food and Drug Administration

C. Consumer Product Safety Commission

D. Federal Power Commission

E. None of the above
There are government agencies not only to protect our health, but to protect our pocketbooks. ____________ tries to prevent deceptive advertising. These are called Truth in Advertising laws. It has made producers of aspirin pills, diet breads, toothpastes, cigarettes, and numerous other products either prove their claims or change their advertisements.

A. The Federal Trade Commission

B. Occupational Safety and Health Administration

C. Consumer Product Safety Commission

D. Food and Drug Administration

__________includes buildings, machinery and equipment.

A. Physical Capital

B. Human Capital

C. Neither
Fed and State Governments make payments to lower levels of government. These are known as_________.

A. Grants in Aid

B. Subsidies and Incentives

C. Transfer Payments

D. Direct Purchase
Given by government, raised by taxes, to assist individuals who give the government nothing in return. This is known as_______.

A. Subsidies and Incentives

B. Grants in Aid

C. Transfer Payments

D. Transfer Incentives
THe_________sought to prevent the creation of monopolies by defining specific illegal practices such as trusts and interlocking directorates.

A. Celler – Kefauver Act

B. Sherman Antitrust Act

C. Interstate Commerce Commission Act

D. Clayton Antitrust Act
The_________was a set of federal deficit targets for Congress and the President to meet over a six year span of time. The federal deficit was to decrease each year until it reached zero in 1991.

A. Budget Enforcement Act (BEA) of 1990

B. Balanced Budget and Emergency Deficit Control Act of 1985

C. Omnibus Budget Reconciliation Act of 1993

D. Omnibus Budget Reconciliation Act of 1985

Best answer:

Answer by Josh A
c
a
c
a
a
b
b
b
b

What do you think? Answer below!

Economics Homework Help PLEASE! only 25 minutes left to turn in!?

consumer product recalls
by Public Citizen

Question by Zebraa: Economics Homework Help PLEASE! only 25 minutes left to turn in!?

So I’m a senior and my graduation pretty much depends on this assignment I have a 59% in the class and my teacher hates me and wont except anything else other then the last two assignments so unless I get and A on this I will be failing economics please help! I really just need help checking the answers i have most of them done. Thanks!

1. Which of these is a procedure that quantifies the personal value of a purchase?
(Points: 2)
The usefulness of the item is turned into utility.

The purchase price is calculated as a certain number of working hours.

The production costs of the item are calculated.

The costs and benefits of the item are determined.

2. Why should consumers look for products that have a warranty?
(Points: 2)
It keeps the store from charging a restocking fee.

It guarantees that they can return the product for any reason.

It provides them with an incentive to choose the best product.

It protects them in case the product is defective.

4. Which of these is not a primary concern of socially responsible consumers?
(Points: 2)
Price

Sustainability

Labor practices

Environmental damage

5. Which of these production practices promotes sustainable development?
(Points: 2)
An assembly line

Offshoring production

The use of renewable resources

Bidding for government contracts

6. Which of these is a way that businesses can be socially responsible?
(Points: 2)
By boycotting protective tariffs

By minimizing pollution from production

By charging the lowest prices possible

By preventing immigrants from getting jobs

7. How can the news media help protect consumers?
(Points: 2)
By issuing a recall on an unsafe product

By helping consumers organize boycotts

By giving consumers advice on how to make a personal budget

By investigating and exposing bad products and business practices

8. Small-claims court is a place for which of the following?
(Points: 2)
People to resolve financial differences

Warrantees to be redeemed

The government to punish cartels

Customers to return damaged goods

9. What is one sacrifice that boycotters often have to make?
(Points: 2)
They pay higher prices.

They lose their jobs.

They suffer from brain drain.

They have reduced Internet access.

10. Why can consumers have influence over politicians?
(Points: 2)
Consumers are able to boycott politicians’ re-election campaigns.

Corporations use profits from consumers to lobby the government.

Politicians rely on the votes of consumers to keep them in office.

Government agencies are required to address consumer complaints.
Okay I take an online class, and yeah my teacher hates me he is also my government teacher and he already failed me and that class and didn’t give me a chance. Yes I took notes but my school system sucks and doesnt even go by what we read and I’m not the preppy girl in class and I never have been, I already answered all these I was just hoping someone would be kind enought to answer them again so I could check my answers before I turn it it.
Thanks to the person who answered 🙂

Best answer:

Answer by Pooks
did you even attend class, take notes ?that sort of thing?some of these questions just take a little “student sense”.

Know better? Leave your own answer in the comments!

RE: Toy Recalls, Why are North Amercian Corporations & Manufacturers so Ignorant to the CYCLE OF ECONOMICS?

consumer product recalls
by gb_packards

Question by Utopian Friend: RE: Toy Recalls, Why are North Amercian Corporations & Manufacturers so Ignorant to the CYCLE OF ECONOMICS?

TIP: If you eliminate jobs through OUTSOURCING them to places like China, not only is the Safety Standards different to appalling, but these import products are targeting consumers that are the very people you made unemployed by outsourcing! How the heck are these people suppose to buy the very products they once made without the level of income they once enjoyed when they had a job with these corporations?
Logic isn’t their strong suit, but greed is their main motivator. Perhaps these RECALLS are coming back to bite the Corportations in the a**?
SIDE NOTE: The recalls are based on dangerous production from other countries, similar to Import FOOD/ Liquids/ or other personal products that all North Americans consumne. What’s to stop those who wish to Harm Westerners from contaminating any of these imported produce or products? Doesn’t this come under War Safety Strategies the way we responded to in WWII or the Cold War? Are Corporations putting their nations at risk for terrorism in a different form? This may not be just about economics & cost effectiveness.
Thought I’d throw that one out to you to ponder, as our food seems to be in the news a lot lately… EG: Bovine TB in AB. Canada, British bird flu outbreak (H5N1 virus), American E.coli in Spinach last year & many many more!

Best answer:

Answer by Bargain Girl of Yore
Agreed!

Give your answer to this question below!