U2_How is economics organized?

Governments often __________ markets to ensure fair competition and prevent monopolies.

• stimulate

• regulate

• optimize

• implement

When a single company dominates an industry without competition, it is considered a __________.

• deficit

• monopoly

• perspective

• impact

The government's __________ policy focuses on taxation and government spending to influence the economy.

• fiscal

• monetary

• microeconomic

• emerging

The central bank and the finance ministry are examples of economic __________ that oversee financial regulations.

• theories

• authorities

• principles

• deficits

A business is considered an economic __________ that operates independently within a market system.

• access

• entity

• compliance

• shift

Economists often __________ economic terms to clarify their meanings for policymakers.

• determine

• revise

• define

• optimize

Income from __________ is an important source of government revenue.

• taxation

• access

• perspective

• emerging

Lower interest rates can __________ consumer spending and economic growth.

• regulate

• stimulate

• downsize

• urge

A stable economy is characterized by low inflation, steady growth, and overall financial __________.

• stability

• taxation

• compliance

• insights

Companies must __________ government regulations to avoid penalties.

• define

• comply with

• shift

• revise