56. Read the text and answer the question. Alpha Car Company is a small company located in Ohio. The company has been located at its 58. How can producers increase productivity? current factory for nearly twenty years. In January 2018, the company purchased new machinery to 55. In the school cafeteria, there are servers, replace outdated equipment. Over the course of by increasing both input and output custodians, cooks, and an office manager. Each the year, the company produced forty cars and sold twenty of them. In 2018, Alpha Car by decreasing output while increasing of these do his or her own specific job. This Company's biggest expenses were the wages it Input process that makes production more efficient by paid to its employees and its corporate taxes. allowing each person to master their task is called by increasing output without increasing Under the output expenditure model for input determining gross domestic product, which O lack of training. values would be considered investment spending by decreasing both input and output division of capital. in 2018? specialization. the value of all wages paid and the value of forty cars budget cutting. the value of the new machinery and the value of twenty cars the value of the factory and the value of the new machinery the value of all taxes paid and the value of all wages paid 59. Under which condition does cyclical employment occur? when there are surpluses of industrial 60. Fiscal policy primarily refers to changes in 61. The Federal Reserve wants to increase the output money supply in the United States. What is the the amount of money in circulation. Federal Reserve likely to do to accomplish this? when there are shortages of labor skills the availability of credit. when there are declines in aggregate government spending or tax revenue. Reduce the discount rate demand Require banks to hold a reserve for all annual interest rates. when there are transitions in industrial types of deposits sectors Increase the reserve requirement for banks Sell securities on the open market 62. What is example of fiscal policy in the United 64. Which answer choice correctly identifies and describes the two primary types of capital 66. Read the text. Then answer the question that States? resources? follows Baylee wants to invest money in a bicycle The government decreases government Financial capital, which refers to the manufacturer. She is deciding between two money used to fund the production of companies. Velocipede is a fairly new company spending. goods, and physical capital, which is the with an exciting line of bikes. The other company, California Cruisers, has been around for two The government raises the reserve and on which goods are produced. decades. It is well-respected in the bicycle industry and remains very popular with riders. equirements for banks. Human capital, which refers to the skills and knowledge of people involved in Based on this information, which of the following The government sells a large number of production, and physical capital, which is statements is correct? the tools and machines used in government bonds. production. Because of the greater risk of investing in Velocipede, Baylee's potential return with The government increases the discount Financial capital, which refers to the Velocipede would be lower than with rate. money used to pay employees involved in California Cruisers. production, and resource capital, which is Because of the lower risk of investing in the raw materials used in the production Velocipede, Baylee's potential return with Velocipede would be lower than with process. California Cruisers. Human capital, which refers to the Because of the lower risk of investing in training needed to prepare workers for Velocipede, Baylee's potential return with their roles in production, and resource Velocipede would be higher than with capital, which is the resources used to California Cruisers. produce finished goods Because of the greater risk of investing in Velocipede, Baylee's potential return with Velocipede would be higher than with California Cruisers
