(04.04 MC) The housing market has collapsed. Banks are becoming very restrictive in their lending practices. Which of the following actions would the Fed most likely take to encourage banks to expand lending to home buyers? (4 points)

(02.06 MC) One bank offers a 4% variable rate loan, while a competitor offers a 3% fixed rate loan over the same period. Assuming no other differences between the loans, a customer should choose the fixed rate loan because (4 points)

(04.02 LC) Which of the following industries benefits from government subsidies? (4 points)

(04.01 MC) If private investors put a lot of money into the U.S. economy, the gross domestic product will increase. What else will likely occur? (4 points)

(04.03 LC) What is the main function of the Federal Open Market Committee? (4 points)

(02.02 LC) The main benefit of a technical school certification is (4 points)

The method of taking the drug has no impact on its effects.

(06.05 HC) Look at the circular flow diagram. Choose and define an environmental issue. Using the diagram as a guide, explain how the environmental issue you chose affects the relationship between business and factor market. (4 points)

About three out of every four U.S. voters feel that the war on drugs has been a failure.

Marijuana’s effects are more profound when it is ingested than when it is smoked.