Unit 4
Unit 5
Vocab
Unit 6
Unit 7
100
A Growth Stage
What is Expansion
100
Amounts by which actual reserves exceed required services
What is Excess Reserves
100
type of security that gives stockholders a share of ownership in a company
What is Stocks
100
Who puts together the federal budget
What is Congress and White House
100
what is another word for cash
What is liquidity
200
The end of a period of declining business activity and the transition to expansion
What is Trough
200
What was intrinsic value
What is Commodity Money
200
Loans, or IOUs, but you serve as the bank
What are Bonds
200
What are the revenues for the U.S. Federal Budget
What is payroll taxes, tax revenue, estate tax
200
something pledged as security for repayment of a loan, to be forfeited in the event of a default
What is Collateral
300
A measure of thh total output of a counrty
What is GDP per capita
300
Has value because the government says
What is Fiat Money
300
an association of manufacturers or suppliers with the purpose of maintaining prices at a high level and restricting competition
What is Cartels
300
What is the largest expenditure of the U.S. Federal Government
What is Medicare, Social Security
300
the state of being completely lacking in a particular quality or value.
What is Bankruptcy
400
Rise in general level of prices and goods in an economy over a given time
What is Inflation
400
which type of money has the most stable value
What is Commodity
400
property owned by a person or company, regarded as having value and available to meet debts
What are Assets
400
what type of tax can only be issued by the local governmetn
What is sales Tax
400
the value of the shares issued by a company
What is an equity
500
Country produces more of a given product than another counrty
What is Absolute Advantage
500
How does the Federal Reserve system impact the value of the U.S. dollar
What is Value increase and decrease due to in flation
500
the state of being responsible for something, especially by law
What is Liability
500
what is the major source of revenue for the local government
What is Property Tax
500
net additions of capital stock such as equipment, buildings and other intermediate goods
What is Capital Formation
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