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Supply and Demand
Trade
Personal Finance
Fiscal and Monetary Policies
Money
100
willingness to pay a price for a specific good or service
What is demand?
100
Goods being sold to other nations.
What is exports
100
As April comes up, people are busy filing their ....
What is taxes
100
Maintains the currency and controls the money supply.
What is the Fed
100
Characteristic of money being easy to carry
What is portability
200
total amount of a specific good or service that is available to consumers
What is supply?
200
Goods coming into a country
What is imports
200
A number based off of what you purchased using credit.
What is credit score
200
Number of presidents in the FOMC
What is 5
200
Allows money to keep its value.
What is limited availability.
300
Demand curve shifts to the right
What is increase?
300
Trading between firms and markets.
What is main trade
300
As you pay back debt, you also have to pay this as well
What is interest
300
Federal government approach to spending, borrowing, and taxing.
What is fiscal policy
300
The U.S switched to this type of currency from representative money
What is fiat.
400
Non-price determinants of demand
What is TRIPE?
400
Money charged to imports
What is tariffs
400
Piece of plastic that holds money and can be accessed using a checking account.
What is debit cards.
400
Expanding or contracting money
What is monetary policy
400
Being used to facilitate transactions
What is medium of exchange
500
Non-price determinants of supply
What is GETSTIPS?
500
Limit of production
What is quotas
500
Where you can buy and sell shares of companies and make money off of it.
What is the stock market
500
Tax by the local government
What is local tax
500
Has an alternative use as an economic good.
What is commodity money.