Personal Finance
First impressions don't matter
False
the fundamental economics problem
scarcity
free market, command, traditional, mixed
the four major economic systems
unskilled, semi-skilled, skilled, professional
the four skill levels
credit card
paying bills on time, saving 10% of paycheck, investing
ways to build credit
what to produce, how to produce, where to sell
3 basic questions
anyone from anywhere might achieve success here
why America is the "land of opportunity"
unit of account, medium of exchange, store of value
the three uses of money
Life lesson #2
never get back with your ex
hopping a curb, running a traffic light, fender bender
ways to increase insurance premiums
land, labor, capital
the factors of production
to keep order, provide vital services, and promote general welfare
the role of the government in a free enterprise
when the price is lower, consumers will buy more of a product
ankylosaurus
Mr Campbell's wife's favorite dinosaur
communicating and building relationships with your professors and advisors
guaranteed way to have an easier time in college
opportunity cost
a contract that gives a single firm the right to sell its goods within an exclusive market
the sum of those economic goods that are tangible, scarce, useful, and transferable
the definition of wealth
Tobey-Peter Parker
Andrew-Spider-man
Tom-Crossover Spider-man
Miles-Overall
The correct answer to best spider-man
following up with a thank-you email or letter
guaranteed way to get a second interview
identify who potential customers are and how likely they are to purchase their products
why businesses use demographic data
showing ways to use an economy's productive resources
Production Possibilities Curves are important tools for
the dollar value of all final goods and services produced within a country's borders in a given year
GDP (Gross Domestic Product)
Governor Campbell's first order of business
changing state anthem to "Deep in the Heart of Texas"