Business, 30.04.2021 01:00 hgcmj

Question 1 True or False - Taxation is the most obvious disruption to the circular flow free market model.
Question 1 options:
A. True
B. False

Question 2
Antitrust laws are meant to serve what purpose?
Question 2 options:
A. Keep corporations from making more money than they should for certain products
B. Help people trust in the free market system
C. Prohibit unfair business practices to keep the market as free & open as possible
D. All of the above

Question 3
What do land-use laws do?
Question 3 options:
A. Set limits on what an owner does with their property
B. Guide development with zoning ordinances
C. Make construction companies comply with building codes
D. All of the above

Question 4
True of False - the government can force property owners to sell their property for a public project using eminent domain.
Question 4 options:
A. True
B. False

Question 5
A labor law that set the lowest amount a worker can be paid per hour is known as what?
Question 5 options:
A. Minimum wage
B. Lowest wage
C. Standard pay
D. Extra credit

I have a quiz for one of my classes and want to double-check my answers.

1. A
2. C
3. D
4. A
5. A
Please let me know what is right and wrong.

Answers: 2

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Question 1 True or False - Taxation is the most obvious disruption to the circular flow free marke...