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Vocabulary I
Vocabulary II
Vocabulary III
Vocabulary IV
Vocabulary V
100
What is the amount of goods and services available for sale?
What is Supply
100
What are beliefs and principles you consider important?
What are values
100
What is the results of your decision?
What is a consequence
100
Buying something without thinking
What is impulisve buying
100
The study of decisions that go into making, distributing and using goods and services?
What is Economics
200
Who is a person who purchases and uses goods and services
Who is a consumer
200
A ______________ may take more than five years to reach.
What is a long-term goal
200
What is the amount of goods people are willing to buy?
What is demand
200
What is a task that a person or machine performs for you?
What is a service
200
What is it when the price that is paid for the use of another's money?
What is interest
300
What is something you are trying to achieve?
What is a goal
300
__________ risk is the ability to convert financial resources into cash without a loss in value.
What is liquidity
300
What can help you evaluate your options?
What is critical thinking
300
What is a physical object that is produced and can be measured?
What is a good
300
Who makes decisions, solves problems and uses resources to achieve specific goals?
Who is a manager
400
How much does President Obama's job bill cost?
$447,000,000,000
400
What is it called: when you give up something when you make one choice over another?
What is an opportunity cost
400
What is the rise in prices for goods and services?
What is inflation
400
What number is the United States in global competiveness?
What is number 5
400
What is it called when you make up your mind to do an option over another?
What is a decision
500
What is the central banking system of the US?
What is the Federal Reserve System
500
What is the 6th step in making a decision?
Evaulate
500
What is spending, saving, and investing your money so you can have the life you want?
What is Personal Financial Planning
500
What is an important part of effective communication?
What is active listening
500
Who is someone who unites people to work towards common goals?
Who is a leader