(04.01 MC) Following U.S. involvement in the Korean War and the related period of low unemployment and rising prices, the Federal Reserve intervened to curb growth and decrease inflation. At what point in the business cycle did the Federal Reserve take action? (4 points)

(04.02 MC) How are start-up costs related to natural monopolies? (4 points)

(06.03 MC) A nonprofit agency sets up a website to channel investments from all over the globe into microloans to support local farms, artisans, and other small businesses in developing nations. Which of the following would be a positive externality for the global environment? (4 points)

Most adolescents aged 12 to 17 who are in substance abuse treatment were referred there by their schools.

(06.02 LC) A factory lays off workers during a recession. Which of the following would most likely feel a negative externality? (4 points)

(06.03 MC) The federal government approves additional funding for food resources in Africa. Which of the following would be a potential negative externality for the global environment? (4 points)

(04.05 MC) Economists warn that the nation is slipping into a recession. Which fiscal policies will the federal government most likely take to help the economy grow? (4 points)

All hospitals drug test persons who have given birth to determine whether their babies may have drugs in their bloodstreams.

(06.03 MC) Sixty-five nations sign a treaty pledging caps on industrial emissions and the development of renewable resource energy production. Which of the following would be a long-term positive externality for global health? (4 points)

(04.05 MC) Unemployment is rising, and the federal government wants to encourage job growth. Which of the following actions would be an appropriate fiscal policy? (4 points)