Interest, Dividends, Capital Gains, and Annuities are all examples of this..
What is unearned income.
100
This is your total salary or wages earned during the pay period.
What is gross-pay.
100
This is an increase in the general level of prices for goods and services.
What is inflation.
100
These are the four methods of setting prices in a market economy.
What is cost recovery, cost plus, value-based, and market-based.
200
Sally's annual salary is $40,000. This is her monthly salary.
What is $3,333.33
200
Social Security and Medicare are often referred to as this..
What is entitlement program.
200
This form shows how many dependents a person is claiming on their taxes.
What is W-4
200
This is what CPI stands for.
What is Consumer Price Index
200
This is the process of purchasing produces based on desire rather then logic.
What is emotional buying.
300
This is a type of business that intends to grow and become a corporation.
What is venture business
300
This is an example of a tax based on consumption.
What is Use Tax, Excise Tax, and Sales Tax
300
These are two examples of optional deductions.
What is dental insurance, vision insurance...
300
This occurs when the prices are lowered due to decreased demand but then are restored to the previous high level.
What is reflation.
300
These are examples of ways businesses create a demand for a product.
What is advertising.
400
Vacations, Medical Insurance, Paid Holidays, Sick Leave, and Personal Leave are examples of this..
What are benefits.
400
Property Taxes are taxes based on this..
What is wealth.
400
This is the form you get from your bank that shows interest earned for the year.
What is 1099 INT.
400
This is a result of inflation when producers raise prices because resorces have become scarce.
What is Real-Cost Inflation.
400
This is the smart thing to do before you go shopping.
What is make a list or eat.
500
This is money and benefits people receive from local state or federal governments.
What is transfer payments.
500
These are payments made indirectly on a person's behalf or in a form other than money.
What are in-kind payments.
500
These two taxes are also knowns as FICA taxes
What is Social Security and Medicare.
500
This is what you have left after expenses have been paid for.
What is disposable income.
500
These are ways in which consumers are defrauded.
What is bait and switch, fake sales, low-balling, pyramid schemes, ponzi schemes, pigeon drop, fraudulent representation, informercials, and medical fraud