Question

what does buying stock on margin mean? *
a) purchasing the stock outside the regular stock exchange
b) buying the stock for someone else
c) paying less than the market price of the stock
d) borrowing money to help pay for the stock

this set a national minimum hourly wage and prohibited factory labor for childr under 16 years of age.
wagner act
fair labor standards act
federal emergency relief administration
social security act

the 1932 presidential election served as a turning point in the way americans viewed
a) presidential election
b) the bill of rights
c) the responsibilities of the federal government
d) local relief programs and private charities

Explanation:

First Question (Buying Stock on Margin)

Buying stock on margin means borrowing money from a broker to purchase stocks. Option A is incorrect as buying outside regular exchanges is not margin trading. Option B is incorrect as it's not about buying for others. Option C is incorrect as margin trading isn't about paying less than market price directly. Option D correctly defines it as borrowing money to help pay for the stock.

The Fair Labor Standards Act established a national minimum wage and prohibited child labor in factories for those under 16. The Wagner Act is about labor unions, Federal Emergency Relief Administration was for relief, and Social Security Act is for social security benefits. So the correct answer is Fair Labor Standards Act.

The 1932 election (FDR's win) shifted views on federal government responsibilities, as FDR's New Deal expanded federal role in economy/social welfare. Option A is redundant, B is about rights (not related), D is about local/charities (federal role expanded, so D is wrong). So C is correct.

Answer:

D) borrowing money to help pay for the stock

Second Question (Act Setting Minimum Wage and Child Labor Rules)