QuestionJuly 25, 2025

Which of the following are listed in a budget? Available credit Expenses and income Stock and bond values Public records information Question 16/Multiple Choice Worth 4 points) (03.09 LC) Which of the following is the most immediate impact of rising inflation? Decreasing trade Higher prices Increased money supply Less hiring Question 17/Multiple Choice Worth 4 points) (03.06 MC) Which potential government policy reflects the broad economic goal of freedom? Allowing parents to choose between public and private schooling for their children through vouchers Allowing the National Park Service to initiate a program of controlled forest fires to clear undergrowth Increasing funding for space exploration to boost high-tech employment and develop new technologies Increasing income taxes for the rich so that tax money can fund aid for the economically disadvantaged

Which of the following are listed in a budget? Available credit Expenses and income Stock and bond values Public records information Question 16/Multiple Choice Worth 4 points) (03.09 LC) Which of the following is the most immediate impact of rising inflation? Decreasing trade Higher prices Increased money supply Less hiring Question 17/Multiple Choice Worth 4 points) (03.06 MC) Which potential government policy reflects the broad economic goal of freedom? Allowing parents to choose between public and private schooling for their children through vouchers Allowing the National Park Service to initiate a program of controlled forest fires to clear undergrowth Increasing funding for space exploration to boost high-tech employment and develop new technologies Increasing income taxes for the rich so that tax money can fund aid for the economically disadvantaged
Which of the following are listed in a budget? Available credit Expenses and income Stock and bond values Public records information Question 16/Multiple Choice Worth 4 points) (03.09 LC) Which of the following is the most immediate impact of rising inflation? Decreasing trade Higher prices Increased money supply Less hiring Question 17/Multiple Choice Worth 4 points) (03.06 MC) Which potential government policy reflects the broad economic goal of freedom? Allowing parents to choose between public and private schooling for their children through vouchers Allowing the National Park Service to initiate a program of controlled forest fires to clear undergrowth Increasing funding for space exploration to boost high-tech employment and develop new technologies Increasing income taxes for the rich so that tax money can fund aid for the economically disadvantaged

Solution
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Answer

Expenses and income; Higher prices; Allowing parents to choose between public and private schooling through vouchers. Explanation 1. Identify items listed in a budget A budget typically includes "Expenses and income" as it tracks financial inflows and outflows. 2. Determine the most immediate impact of rising inflation Rising inflation most immediately leads to "Higher prices" as the cost of goods and services increases. 3. Identify government policy reflecting economic freedom Allowing parents to choose between public and private schooling through vouchers reflects the goal of economic freedom by providing choice.

Explanation

1. Identify items listed in a budget<br /> A budget typically includes "Expenses and income" as it tracks financial inflows and outflows.<br /><br />2. Determine the most immediate impact of rising inflation<br /> Rising inflation most immediately leads to "Higher prices" as the cost of goods and services increases.<br /><br />3. Identify government policy reflecting economic freedom<br /> Allowing parents to choose between public and private schooling through vouchers reflects the goal of economic freedom by providing choice.
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