Policies that include all policies targeted toward production in the business sector.
What is supply side?
100
Best use for your money,Your objective for investing,Your Age,Time before you need the money,Risk tolerance
What should a person consider when investing?
100
describes a market that has a broad range of competitors who are selling the same products
What is pure competition?
100
the state of being scarce or in short supply
What is scarcity?
100
an economic system in which private business operates in competition and largely free of state control.
What is free enterprise?
200
Policies that include all policies targeted toward spending by consumers including the retired and unemployed.
What is demand side?
200
Savings when it converted into investment it produces the goods and if they are capital goods that is goods which helps to produce another goods.
How does amount of savings affect capital information?
200
the exclusive possession or control of the supply or trade in a commodity or service.
What is a monopoly?
200
an act of selecting or making a decision when faced with two or more possibilities
What is choice?
200
a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.
What is socialism?
300
The System consists of a seven member Board of Governors with headquarters in Washington, D.C., and twelve Reserve Banks located in major cities throughout the United States.
What does the federal reserve consist of?
300
chance to grow your money
What is a pro of choosing to invest in stocks.
300
is a type of imperfect competition such that many producers sell products that are differentiated from one another
What is monopolistic competition?
300
land, labor
What are economic factors of production?
300
a political theory derived from Karl Marx, advocating class war and leading to a society in which all property is publicly owned and each person works and is paid according to their abilities and needs
What is communism?
400
Through changes in its target interest rate. It decreases this rate when the economy is struggling, and it increases the target interest rate when inflation is too high.
how does the federal reserve promote economic growth?
400
Some investors have trouble dealing with the wild swings the market takes
What is a con of investing in stocks?
400
a state of limited competition, in which a market is shared by a small number of producers or sellers
What is oligopoly?
400
capital and entrepreneurship.
What are economic factor of production pt.2
400
an economic system combining private and public enterprise
What is a mixed economy?
500
unit of account, store of value, medium of exchange
What are the functions of money?
500
A person with better credit is more likely to get approved because they will be more likely to pay back on time
how does a persons credit rating effect their ability to borrow money?
500
a large number of small firms
What is a characteristic of pure money?
500
is a hypothetical representation of the amount of two different goods that can be obtained by shifting resources from the production of one, to the production of the other.