Unit 2
Unit 3
Unit 4
Unit 5
Unit 6
100
Law of Demand
What is the price goes up the quantity demanded goes down?
100
vertical merger
What is company buying up other companies in the supply chain
100
categories of labor
What is unskilled semi skilled skilled professional
100
those who can pay should pay
What is ability to pay principal?
100
Created to insure your money and get people to trust putting money in banks again
What is FDIC
200
Law of supply
What is the price goes up the quantity supplied goes up
200
common stock vs preferred stock
What is with common stock you get a vote with preferred stock you get a dividend
200
composition of GDP
What is C+G+I+(X-M)
200
largest source of revenue for states other than intergovernmental loans
What is sales tax
200
Federal Open Market Committee
What is the group within the federal reserve responsible for interest rate and money supply.
300
short
What is when you change one variable to see what happens
300
s&P 500
What is 500 companies on the nyse, amex, nasdaq that provide a snapshot of the economy?
300
types of unemployment
What is frictional structural technological cyclical seasonal
300
two types of government spending
What is discretionary and non discretionary (mandatory) spending?
300
function of money
What is store of value, medium of exchange, measure of value
400
fixed cost
What is a cost that does not change from month to month?
400
upward moving market
What is bull market?
400
GNP
What is the total dollar amount of all goods and services produced by american citizens and american companies no matter where they are in the world
400
number one expenditure by local governments
What is education
400
characteristics of money
What is portable, divisible, durable, limited supply
500
diminishing marginal utility
What is the phenomenon that you get less satisfaction with each additional unit that you receive
500
***Daily double*** Draw on the board corporate structure.
What is stockholders board of directors ceo workers
500
GDP per person adjusted for inflation
What is real GDP per Capita?
500
three criteria for an effective tax
What is equity simplicity efficiency
500
M1 vs M2
What is M1 is used for spending. M2 is used for savings. M1 is part of M2
M
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