Inflation
If prices of goods and services in an economy increase over time, the economy is experiencing this.
Inflation
If the price of a product increases, the quantity demanded will decrease.
Law of Demand
Central Banking System of the US
The Federal Reserve (The Fed)
The market opens at ____ PST or _____ EST
6:30 PST or 9:30 EST
The Great Barrier Reef, the world’s largest coral reef system, is located off the coast of this country.
Australia
A government might decide to increase the money supply to try to get people to spend more and boost the economy. What would this policy most likely be trying to prevent?
Deflation
When labor wages increase, the price of goods and services will increase as well. This change causes the quantity of the goods demanded to _______.
Decrease
The Department of the Treasury
When a company first sells its shares to the public, it’s called an ___
Initial Public Offering or IPO
This term refers to the total value of all goods and services produced in a country during a specific period of time.
GDP (Gross Domestic Party)
In this situation, you notice that the prices of many products have been decreasing for several months. People are spending less because they expect prices to drop even further. What is this called?
Deflation
The small difference between your #1 choice and the next best choice
Marginal Cost
Ran by the Board of Governors
The Fed
The possibility that the value of an investment could decrease is known as
Risk
This famous artist is known for his works like "The Starry Night" and was part of the Post-Impressionist movement.
Vincent Van-Gogh
The Federal Reserve can use this tool to influence the money supply, affecting borrowing and spending.
Raising or lowering interest rates,
Increase or Decrease: A new study shows that drinking coffee lowers the risk of heart disease. What happens to the demand for coffee?
Increases
Theory that argues many things impact production, employment and inflation
Keynesian Economic Theory
When you invest in this, you’re buying a small part of a company, and you could make money through price increases.
Stock or Equity
The sum of the angles in any triangle equals this number of degrees.
180 degrees
The country is facing deflation. To combat this, the central bank lowers interest rates. What is the goal of this policy?
To encourage borrowing and spending.
The government imposes a new tax on sugary drinks, making them more expensive. What happens to the demand for sugary drinks?
Decreases
Buyers and sellers arrive at prices based ONLY on supply and demand
Free Market Economy
This is a unique series of letters used to identify a publicly traded company's stock on a stock exchange.
Ticker Symbol
The practice of adjusting interest rates to manage inflation and economic growth is called this.
Monetary Policy