U.S. Economic Goals
World Economies
All About Un-employment
Business World
Capital Control
100
The freedom to make OWN Economic decisions.
What is Economic Freedom
100
China is an example of what type of economy?
What is Command Economy
100
Period people experience between the time they end (1) job and start another.
What is Frictional Unemployment
100
McDonalds is what type of business?
What is Corporation
100
What type of tax is sales tax?
What is Regressive Tax
200
When national unemployment is below 3%.
What is Full Employment
200
Which type of economy has minimum amount of Government Regulations.
What is Market Economy
200
What type of unemployment occurs when there is a adequate demand for products?
What is Cyclical Unemployment
200
A locally owned an ran doughnut shop, which has a single owner is what type of business?
What is Sole Proprietorship
200
What type of tax is Income Tax?
What is Progressive Tax
300
The ability to grow for profit.
What is Economic Growth
300
What type of Economy does the U.S. represent?
What is Mixed Economy
300
Unemployment that results directly from changes in the output of various industries through out the year?
What is Seasonal Unemployment
300
Business in which 2 (or) more people pull their resources together an share the risk and profits of the business.
What is Partnership
300
A equal tax among everyone is an example of?
What is Proportional Tax
400
When resources are used most efficiently.
What is Economic Efficiency
400
Economy where past products are usually produced also at current times?
What is Traditional Economy
400
Unemployment caused by the changes in the nature of production?
What is Structural Unemployment
400
Business owned by an individual (or) the members of a household.
What is Sole Proprietorship
400
The amount of money owed by a National Government is the?
What is National Debt
500
Business's are protected by government.
What is Economic Security
500
Which type of Economy is set up where the producers an consumers make most economic decisions? Government has minimal influence.
What is Market Economy
500
When a unemployed person is seeking a job.
What is Frictional Unemployment
500
A firm that exsist as a legal entity.
What is Corporation
500
The total value of all final goods and services produced in a certain time period is understood at the?
What is GDP (Gross Domestic Product)
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