Education and Careers
A paper that has your qualifications for a job
What is a resume?
The best time to start saving money
What is as soon as possible?
The name of the investment game we played in class
What is Stax?
Price goes up, quantity of demand goes down, and vice versa
What is the law of demand?
An example is 1 square for 2 triangles, also called a trade off
What is opportunity cost?
The ideal amount of references on a resume
What is three?
A retirement savings plan offered by employers that has tax advantages to the saver
What is a 401k?
Objective, education, experience, honors/activities, references
What are the parts of a resume?
Where the change in price doesn't affect the quantity of demand
What is inelastic demand?
Land, labor, capital, and entrepreneurship
What are the four factors of production?
Free Application for Federal Student Aid
What is FAFSA?
Type of IRA that allows you to not pay tax now and pay tax later
What is Traditional IRA?
A not-for-profit financial institution
What is a Credit Union?
As price increases, so does supply and vice versa
What is the law of supply?
2% inflation, 3% RGDP growth, 5% inflation rate
What are the goals of the U.S. economy?
A program that offers high school or college students part-time jobs in order to provide financial assistance or work experience
What is work-study?
This allows you to pay tax now, no tax later
What is Roth IRA?
The type of card that takes money directly out your checking account right away after you use it
What is a Debit card?
The factors that cause change in economic supply and demand
What is a determinate?
What to produce, how to produce, and whom to produce for
What are the big question to ask when producing?
A real job where you learn, gain experience and get paid
What is an Apprenticeship?
It is wise to save or invest this amount of your gross income
What is 15%?
The teacher with the best jokes
Who is Mr. Jeffries?
When the point is below the equilibrium
What is a shortage?
Traditional, Command, Capitalism/Market, and Mixed
What are the 4 different economic systems?