Economics
Banking
Saving
Investing
Systems
Gov. & Economy
More Economics
100
The study of buisness and money
What is Economics
100
Who insures your deposits in savings banks.
Who is the FDIC
100
Simple Trade
What is the barter system
100
Two ways taxes are used
What is public schooling, infrastructure
100
General increase in prices
What is inflation
200
The three types of money?
What is Commodity, Representative, and Fiat
200
Education and a house
What is two examples of good debt.
200
communism
What is when the gov trys to make everything equal
200
This controls money supply, controls interest rates, and inspects banks
What is the Federal Reserve Board
200
What is two different ways buisness can be organized
What is corporation, partnership, comany, multi-nation corp.
300
$52,000
What is the approximate median household income in the U.S.
300
Why you should be careful when investing with a broker or company?
What is they charge you fees.
300
One pro and one con in "Wealth of Nations."
What is Pro: can be rich, Con: can be poor
300
What is April 15th?
What is the day all citizens must file their income taxes.
300
Karl Marx
Who is the author of Communist Manifesto
400
The two leading economics indicators that ecoomists look at to judge the health of the economy?
What is GDP, and infant mortality
400
Name one good and bad thing about using a credit card
What is Good: using it for emergencies, and Bad: easy to get into debt.
400
Supply: decrease Demand: increase =
What is Price: increase
400
Health, and Car (if you drive)
What is two insurances you must have
400
17+ trillion
What is the current federal debt.
500
The four types of unemployment, and name the most challenging to the U.S. economy
What is frictional, seasonal, cyclical, and structural. Structural is the most challenging.
500
The 5 different places you can invest in from riskiet to least risk.
What is gambling, real estate, stocks, u.s. gov bonds, savings account
500
Draw and label buisness cycle
What is (see answer sheet)
500
What do the two groups in government argue?
What is Democrats- gov should get involved Republicans- cut the government
500
Poor pay higher tax
What is regressive tax
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