(01.06 LC)Which function of money describes its use in the buying and selling of goods and services?

(01.08 MC)An investor wants to save money over a long period of time. This investor does not need to have easy access to the money and is worried about losing any money. Knowing the interest rate and that it will not change is important. Which investment best meets this investor’s needs?

(01.09 MC)You earn $50,000 per year. Your entire income is taxed at the 10 percent federal tax bracket. Which value reflects what you will pay in federal income taxes?

(01.08 MC)An investor wants to set aside some money but also wants to have easy access to it without penalty. The investor is not concerned with earning a large amount of interest. Which investment best meets this investor’s needs?

(02.06 MC)Use the graph to answer the question that follows.If the ice cream shop is producing 8 gallons of chocolate ice cream and 6 gallons of strawberry ice cream, which of the following statements is true?

(02.02 MC)What do Larry Page and Jessica Jackley have in common?

(01.09 MC)What should you do if your expenses exceed your income?

(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?