(02.07 MC)A large-scale grain farm relies on an adjacent river for irrigation and drainage and uses pesticides to protect crops from insects. Which of the following is a potential negative externality resulting from this activity?

(02.04 LC)Which phrase describes an oligopoly market?

(01.09 LC)You need to decrease your spending to balance your budget. Which budget category is simplest to target for spending cuts?

(02.05 MC)Use the graph to answer the question that follows.What is represented by the point where P1 and Q1 intersect?

(01.08 MC)What are the advantages of a bank savings account?

(01.08 MC)Two siblings want to pool their inheritance money to make a joint investment. They are young and willing to accept moderate to high risk over many years. Which combination of investment options suits their needs?

(01.02 MC)You have several options for how to spend your Saturdays. Your top options are volunteering with an animal rescue or mowing lawns in the neighborhood for cash. You choose to volunteer. Which economic term now describes the option of mowing lawns?

(02.09 LC)Which of the following describes a public policy?

(01.09 LC)What is the first step in creating a budget?

(01.02 MC)You have to choose between playing a team sport and taking music lessons because the practices overlap. What economic concept does this dilemma demonstrate?