Investments
Basic Econ Terms
The Fed
Taxes
Govt. Non Profits
100
The two most basic accounts you could put into banks.
What are checking and savings accounts?
100
The basics of survival including food, shelter, and clothing.
What are "needs"?
100
This term means that the Fed is the "bank for the banks".
What is central bank?
100
The tax placed on things you purchase at stores.
What is sales tax?
100
They "Deliver for you" six days a week, sell forever stamps, and have the largest government work force.
What is the U.S. Postal Service?
200
These investments are flexible accounts in terms of how long you may invest your money.
What are Certificates of Deposit?
200
This is the study of human efforts to satisfy the wants and needs of society with limited resources.
What is "economics"?
200
The Chairman of the Fed is nominated by the President and approved by this government body.
What is the Senate?
200
Tax placed on your paycheck and collected by the federal govt. and most states.
What is income tax?
200
The Golden Gate Bridge brought in $100,779,715 at last report from this particular "user fee".
What is bridge toll?
300
You may invest in these through websites such as eTrade and Ameritrade.
What are stocks?
300
These include sunshine, air, ocean water, and sand.
What are "free products"?
300
This occurs when the Fed receives your deposited checks from the bank and transfers the money in and out of your accounts.
What is check clearing?
300
This tax is designed to discourage people from using gas, cigarettes, and alcohol.
What is an excise tax?
400
When you invest in these, you must consider the coupon, par value, and maturity date.
What are government bonds?
400
These are the "four factors of production".
What are land, labor, capital, and entrepreneurs?
400
The total number of Federal Reserve System banks.
What is twelve?
400
This tax is placed on homes, land, businesses, and other structures; it provides funding to state and city governments.
What is a property tax?
400
Yosemite, the Grand Canyon, and Yellowstone are examples of this federal government "business"
What are National Parks?
500
The biggest advantage to these are that they are tax exempt while providing funding for city projects like building schools, libraries, and hospitals.
What are "municipal bonds"?
500
This form of consumption involves buying goods in order to show off or impress people.
What is "conspicuous consumption"?
500
The Fed watches over these business deals, such as Washington Mutual being bought by Chase.
What are bank mergers?
500
This tax appears as a four letter acronym on your paycheck and includes Social Security and unemployment benefits.
What is FICA?
500
The national government train operation that serves as a vital commute network despite losing millions of dollars every year.
What is Amtrak?
M
e
n
u