Plz help 1) Which statement best explains COMPOUND interest? Interest you earn from your only your principal balance/investment.

Produces a lower return on your investment than simple interest.

Interest you earn from your initial investment in addition to the interest you
earn

Is also called simple interest.

2) Which is shown by the intersection of the supply curve and the demand curve?

equlilbrium price of a good service

amount that supply influences demand

maximum price consumers will pay

cost of production for a commodity

3) what has led to Greater competition among workers looking for jobs

speculation

unionization

globalization

protectionism

which is measured by calculation of the amount of goods and services the average person can afford to buy

unemployment

standard of living

inflation rate

national income

4) which best describes the effect of tariff on the import of cars from a foreign country

the domestic economy goes into recession

demand for foreign cars is increased

the government runs a budget deficit

foreign cars become more expensive

5) government regulation of the free market is required in order to do what

prevent censorship and discrimination

ensure competition and protect customers

protect the existence of the profit motive

spur innovation and create efficiency