2 of 10\n5 the first step in selecting a career is—\na self - assessment\nb determining the salary\nc…

2 of 10\n5 the first step in selecting a career is—\na self - assessment\nb determining the salary\nc keeping up with advances in technology\nd having a strong work ethic\ndirections: circle the correct answers.\n6 which three phrases describe the functions of the federal reserve s\n• regulates banks to ensure the soundness of the banking system\nand safety of deposits\n• collects several different types of taxes from individuals and\nbusinesses\n• manages the amount of money in the economy to try to keep\ninflation low and stable\n• provides financial services to banks and the federal government\n• provides goods and services that markets cannot provide efficiec\n7 jay co - owns a business with two friends. they share the risks a\nprofits. what type of business ownership do they have?\na partnership\nb entrepreneurship\nc sole proprietorship\nd corporation

2 of 10\n5 the first step in selecting a career is—\na self - assessment\nb determining the salary\nc keeping up with advances in technology\nd having a strong work ethic\ndirections: circle the correct answers.\n6 which three phrases describe the functions of the federal reserve s\n• regulates banks to ensure the soundness of the banking system\nand safety of deposits\n• collects several different types of taxes from individuals and\nbusinesses\n• manages the amount of money in the economy to try to keep\ninflation low and stable\n• provides financial services to banks and the federal government\n• provides goods and services that markets cannot provide efficiec\n7 jay co - owns a business with two friends. they share the risks a\nprofits. what type of business ownership do they have?\na partnership\nb entrepreneurship\nc sole proprietorship\nd corporation

Answer

5

Brief Explanations:

Self - assessment helps in understanding one's skills, interests for career selection.

Answer:

A. self - assessment

6

Brief Explanations:

The Federal Reserve regulates banks, manages money supply and provides financial services to banks and the government.

Answer:

regulates banks to ensure the soundness of the banking system and safety of deposits; manages the amount of money in the economy to try to keep inflation low and stable; provides financial services to banks and the federal government

7

Brief Explanations:

In a partnership, multiple people co - own a business, share risks and profits.

Answer:

A. Partnership