Microeconomics Policy and its Effects Practice Solution Manual Already Passed
4 views 0 purchase
Module
Microeconomics
Institution
Microeconomics
Microeconomics Policy and its Effects Practice Solution Manual Already Passed
Hey yo follow me on Instagram lmao - Answers @haikuhamster
Which statement best describes the idea of monetarism? - Answers Monetary policy is the best way to influence economic growth.
What are the main purposes of r...
Microeconomics Policy and its Effects Practice Solution Manual Already Passed
Hey yo follow me on Instagram lmao - Answers @haikuhamster
Which statement best describes the idea of monetarism? - Answers Monetary policy is the best way to
influence economic growth.
What are the main purposes of regulatory policies? Check all that apply. - Answers -to protect
constitutional rights, safety, and fairness
-to ensure that property rights are protected
-to create regulation in a mixed-market economy only when needed
Which of these outcomes are possible negative externalities? Check all that apply. - Answers -increased
traffic in the neighborhood surrounding the factory
-pollution from trucks making deliveries to the factory
Read this sample food label. Which regulatory goals are met by the label? Check all that apply. - Answers
-informing consumers about products
-helping consumers make educated choices
-ensuring that producers are responsible for product contents
According to the chart, which regulatory agency provides the greatest monetary benefit to the public? -
Answers EPA
According to the chart, which regulatory agency had the fewest regulations studied? - Answers USDA
Which of these are duties of the SEC? Check all that apply. - Answers -overseeing the actions of brokers
and financial advisers
-ensuring the security and fairness of mutual funds and exchanges
-bringing suits against businesses that are not following securities laws
Which of these are goals of financial regulation? Check all that apply. - Answers -preventing monopolies
-ensuring that businesses accurately report their earnings
-keeping prices fair
According to President Obama, what are the reasons for the financial crisis? - Answers President Obama
indicates that there are several reasons for the financial crisis. According to the president, one reason is
irresponsible practices by financial institutions. The amount of risk involved in newly created
, investments was high, and few investors or consumers understood this. These types of investments
were made possible due to a lack of regulation within the system.
According to the president's speech, what were some effects of the financial crisis? Check all that apply.
- Answers -the loss of savings for many workers
-the loss of credit in the economy
-growing economic challenges for many
According to the video, how was the Banking Act of 1933 a reaction to the Great Depression? - Answers
The Banking Act of 1933 was a reaction to the Great Depression because it worked to protect deposits
from risky investments by banks. These investments caused many citizens to lose their money during
the Great Depression. Protections occurred through the creation of regulations and new agencies to
oversee financial institutions.
According to the video, what are the purposes of the Dodd-Frank Act? Check all that apply. - Answers -to
improve accountability for banks
-to end bailouts
-to protect consumers from abusive financial practices
Why was the Food Safety Modernization Act passed? Check all that apply. - Answers -Many citizens are
in danger of contracting a food-borne illness.
-More people are living with chronic illnesses.
-Pathogens are becoming stronger and harder to defeat
According to the video, which food safety regulations have been created by the passage of the Food
Safety Modernization Act? Check all that apply. - Answers -a requirement for farmers to prevent hazards
when growing or harvesting foods
-a requirement for facilities that produce food to monitor cooking temperatures to prevent hazards
-a set of rules for importers to make sure that food is inspected before it is shipped
Why is there a need for government regulation, and what limits need to be placed on these regulations?
Give your answer in the form of a short paragraph. - Answers Government regulations are necessary
because they protect public safety and market fairness. For example, food safety regulations help
protect consumers from pathogens that could cause widespread illness. By creating regulations, the
government can make food-borne illness less likely. However, even though these regulations are
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller TutorJosh. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £6.30. You're not tied to anything after your purchase.
