Economic Principles
Money
Taxes
Banking
Credit
100
When the government decides the factors of production.
What is a command economy?
100
The legal name for the U.S. Dollar.
What is a federal reserve note?
100
Social Security and Medicare
What are required deductions?
100
To develop strategies for saving and investing.
What is financial planning?
100
Interest on credit cards
What is the A.P.R.?
200
The type of economic system in the United States
What is a market economy?
200
In regards to money...when it is acceptable everywhere.
What is legal tender?
200
Federal Income Tax
What is paid by everyone on April 15th?
200
When a paycheck is deposited by your employer into the bank.
What is direct deposit?
200
The total amount you can borrow
What is credit limit?
300
An economic system where the government controls major industries and the people control other major industries.
What is a mixed economy? (socialism)
300
Acceptable for trade.
What is a medium of exchange?
300
I.R. S.
What is the federal agency that collects taxes?
300
the Process required to cash a check
What is to endorse a check?
300
home mortgages
What is the largest installment debt in the U.S.?
400
What is produced? Who gets what is produced? How is it produced?
What are the 3 economic questions?
400
This was worthless during the U.S. Civil War.
What is the Confederate Dollar?
400
A tax on someone's home.
What is a property tax?
400
A method of long term saving with higher interest.
What is a certificate of deposit?
400
When you can't pay your debts
What is bankruptcy?
500
Food (think in terms of budgeting)
What is considered a variable expense?
500
Zimbabwe
What nation has the worst inflation rate?
500
The law that created the federal income tax.
What is the 16th Amendment?
500
A loan to the government.
What is a savings bond?
500
A card that deducts directly from your bank account.
What is a debit card?
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