An agreement a business makes with a bank to borrow money for ongoing cash needs.
What is a line of credit?
100
Better working conditions, better incentives, and better training are all ways to improve this type of capital.
What is human capital?
100
This market structure has only one large firm that is able to determine the price of goods.
What is a monopoly?
100
This type of tax takes a higher percentage of money from low-income workers than high-income wage earners.
What is a regressive tax?
100
The Output-Expenditure model of calculating GDP can be written like this.
What is C+I+G+(X-M)?
200
These types of loans would be used for business needs such as making payroll or paying unexpected overtime.
What is a short-term loan?
200
Costs tend to do this as a business increases the quantity it produces.
What is increases?
200
In this market structure, all goods are identical.
What is perfectly competitive?
200
This type of tax takes more money from high-income earners than low-income earners.
What is a progressive tax?
200
The tendency of our economy to experience reoccurring ups and downs over time is referred to as this type of cycle.
What is the business cycle?
300
These types of loans would be used by a business to pay for things like remodeling a building, purchasing another company, or purchasing a new fleet of delivery trucks.
What are long term loans?
300
A cost that does not change from month to month, like the rent for an office building, is an example of this type of cost.
What is a fixed cost?
300
In this market structure, a few large firms can collude to distort the market price.
What is an oligopoly?
300
This type of tax takes an equal percentage of money from all income earners.
What is a proportional tax?
300
This indicator is most often used to measure economic growth.
What is GDP?
400
The first sale of stock to the public.
What is an Initial Public Offering?
400
New machinery is an example of this type of capital.
What is physical capital?
400
In this market structure, a few large firms make products that are differentiated from each other.
What is monopolistic competition?
400
These types of goods are produced by individual firms.
What is a private good?
400
This indicator measures the purchasing power of a dollar from one year to another.
What is Consumer Price Index?
500
A market in which the public is able to buy and sell shares of firms.
What is a stock market?
500
These factors explain why some job get paid more than others.
What is differences in ability, differences in effort, experience, education, and/or good timing?
500
A decrease in the number of firms competing in the same market will typically causes prices to do this.
What is increase?
500
These types of goods are produced by the government.
What is a public good?
500
This indicator measures the percentage of the labor force that is searching, but unable to find a job.