The type of advertising that teaches you about a product or service.
What is informative advertising?
100
The type of costs that stay the same no matter how much is produced.
What are fixed costs?
100
This is the overall rise in the cost of goods and services in an economy over time.
What is inflation?
100
The economic law/principle that says that, with all other factors remaining equal, when the price of a good or service decreases, the demand for that good or service will go down.
What is the law of demand?
100
The type of stock research where charts and trends are used to evaluate where stock prices are headed; it relies on investor's perception of a stock.
What is technical analysis?
200
Type of advertising that uses emotional appeal to get consumers to remember, and purchase, their products.
What is persuasive advertising?
200
The type of costs that change with the amount of production (another words, the quantity of units that are produced).
What are variable costs?
200
The index used by the U.S. Government to measure the average increase in the price of goods and services that a typical American household would purchase during a year.
What is the Consumer Price Index (CPI)
200
The model used to describe the flow of money and products through the economy in a simplified way.
What is the circular flow model?
200
The type of stock research which is based on a review of a company's financial performance to determine whether or not to buy the stock; it's based on facts and data, and is long-term focused.
What is fundamental analysis?
300
A disciplined process/tool for buying products and shopping where you write down everything you intend to purchase before you going shopping; it's typically used at the grocery store or the mall.
What is a buying list?
300
Supply and demand meet at this "price point"; the price that both buyers and sellers are willing to accept.
What is equilibrium price?
300
The term used to describe what happens when a country experiences extremely high, and usually accelerating, rates of inflation.
What is hyperinflation?
300
When it comes to consumer demand, this consumer choice theory says that as prices rise (or income decreases), consumers will replace more expensive items with less costly alternatives.
What is the substitution effect?
300
The term used to describe a stock market "trend" or "momentum" where stocks are rising in value, corporate profits are increasing, and the economy is doing well.
What is a bull market?
400
The type of shopping where you look for the same product in multiple stores to try to find the best product or the best price for a product.
What is comparison shopping?
400
This happens when the price is less than the equilibrium price; as a result, there are more buyers willing to purchase the product than seller who are selling it.
What is a shortage?
400
The best investment alternative to beat the high cost of inflation.
What is investing in stock market mutual funds.
400
This type of demand occurs when a price increase has little effect on demand; gasoline is the best example of this.
What is inelastic demand?
400
One of the three indexes used to measure the overall performance of the U.S. stock market.
What are the Dow Jones Industrial Average, the S&P 500, and the Wiltshire 5,000?
500
The type of buying strategy where you get the highest value for the amount of money you spent; typically this strategy results in buying items in bulk.
What is optimizing?
500
Determine the unit price of a good based on the following information:
- 200 units produced
- $600,000 of fixed costs
- variable costs of $12,000/unit
What is $15,000/unit
500
The two different types of inflation; one is caused when producers raise their prices while the other is caused when consumers wnat to buy more goods and services than producers supply.
What are cost-push inflation and demand-pull inflation?
500
This has caused the price of gasoline to drop significantly in the U.S. during 2014.
What is an increase in supply and a decrease in demand of crude oil?
500
Two of the four ratios which are used by fundamental analysts to determine whether or not to buy a stock.
What are
Price/Earnings ratio (P/E)
Price/Earnings to Growth ratio (PEG)
Dividend Ratio
Free Cash Flow
(Will also accept Revenue Growth % or Earnings Growth %)