Econ
The study of how people seek to satisfy their needs and wants by making choices
Economics
an economy in which production, investment, prices, and incomes are determined centrally by a government.
Command Economy
a graph of the relationship between the price of a good and the quantity supplied
Supply Curve
Allocating money with the expectation of generating income or profit over time.
Investment
The Olympics are held every how many years?
4 years
Which band sings the song "Mr. Brightside"
The Killers
Who was the youngest President to serve in office
Teddy Roosevelt
the study of how households and firms make decisions and how they interact in markets
microeconomics
an economic system combining private and public enterprise.
Mixed Economy
a graph of the relationship between the price of a good and the quantity demanded
Demand Curve
Ownership in a company, represented by shares that can be bought and sold.
Stock
Which golf tournament did Tiger Woods win by 12 strokes cementing his first-ever major championship win?
The Masters
Who is known as the king of rolling roll?
Elvis Presley
What is the "powerhouse of the cell"
The mitochondria
the study of the economy as a whole, including topics such as inflation, unemployment, and economic growth
macroeconomics
An economic system based upon the fundamentals of private property, freedom, self-interest, and prices
Market Economy
producers offer more of a good as its price increases and less as its price falls
Law of Supply
A collection of investments owned by an individual or an entity.
Portfolio
Which sport uses a net, a racket, and a shuttlecock?
Badminton
Which band sings "Free Bird"
lynyrd skynyrd
The is the largest bone in the human body
The femur
A situation in which unlimited wants exceed the limited resources available to fulfill those wants
Scarcity
A system in which society, usually in the form of the government, owns and controls the means of production.
Socialism
A situation in which quantity supplied is greater than quantity demanded
Surplus
The chance that an investment's actual return will be different from expected returns.
Risk
What do you call it when a bowler makes three strikes in a row?
Turkey
Who did Rolling Stone Magazine name the best guitar player of all time?
Jimi Hendrix
how many amendments does the constitution have
27
Cost of the next best alternative use of money, time, or resources when one choice is made rather than another
Opportunity Cost
A theory or system of social organization based on the holding of all property in common, actual ownership being ascribed to the community as a whole or to the state.
Communism
A situation in which quantity demanded is greater than quantity supplied
shortage
A measure of the profitability of an investment, expressed as a percentage.
Return on Investment (ROI)
The Triple Crown award is given to a horse that wins which three races?
Kentucky Derby
What is the highest grossing music tour of all time?
Taylor Swift's Eras tour
what is the oldest age anyone has ever lived
Jeanne Calment, a French woman, holds the record for the oldest age ever lived at 122 years and 164 days