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Fiscal Policy
Money & Monetary Policy
Types of Taxes
Personal Fiance
Business Organizations
100
Helps promote full employment, stable prices, wages and fund government services.
How does the federal reserve promote economic growth?
100
Medium of exchange, unit of account, and store of value
What are the functions of money?
100
Collected in form of property tax
What is local tax?
100
Affects the capital, rather it goes up or down
How does the amount of savings affect capital formation?
100
Business owned and ran by a single person
What is sole proprietorship?
200
Economic policies developed to stimulate the economy by removing government regulations and lowering marginal tax rates to increase production.
What is supply side economics?
200
Central banking system of the U.S, this was put in place for economic growth and will help with production of more goods.
Explain the structure of the Federal Reserve System:
200
State income taxes have their own set of deductions and credits
What is state taxes?
200
Consider the pros and cons and the cost of investing, plus what you're investing in.
What factors should be considered when investing in a product?
200
Business owned and operated by two or more people
What is partnerships?
300
In-convertible paper money made legal by the government
What is Fiat money?
300
this indicates what taxes are as a whole
What is national taxes?
300
You make money
What is a pro to investing in stocks?
300
Organization recognized by law as a separate legal entity with all rights of the company.
What is corporations?
400
A token or piece of paper that has no value but can be exchanged on demand.
What is representative money?
400
Tax where percentage of income paid in tax rises as level of income rises
What is progressive taxes?
400
You can loose money
What is a con of investing in stocks?
400
Has rights to all profits
What are Advantages of sole proprietorship?
500
Tax when percentage of income paid in tax goes down as income rises.
What is regressive taxes?
500
The costs, you have to pay monthly bills. The benefits, cost less overall when making doctors appointments, ect.
Evaluate the cost and benefits of buying insurance:
500
Rights to sell and buy property when needed.
What are advantages of corporations?