Which of the following does a government provide as part of a safety net for the people?
a) general elections every four years
b) unemployment compensation
c) a stong military defense
d) regulation of commerce
Ans: b) unemployment compensation
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The transfer of short-term liabilities into long-term investments is called:
A) maturity transformation. B) risk transformation. C) investment restructuring. D) intertemporal transformation.
For certain public projects such as building a dam on a river or a bridge to an island, what procedure is a government likely to use to determine what quantity of a public good should be supplied?
A) It hires economists to estimate the market demand for the product. B) It evaluates the costs and benefits of producing the good. C) It takes a vote in Congress. D) It conducts public surveys to determine if consumers want the product.
Should stock market speculation be encouraged or discouraged?
Refer to the information provided in Figure 7.2 below to answer the question(s) that follow. 
Figure 7.2Refer to Figure 7.2. The average product of the first worker is ________ lawns moved.
A. 3 B. 4 C. 5 D. 11