This is the entity that determines how much a dollar is worth.
What is the Federal Reserve, or "The Fed?"
This is the small country in Eastern Europe that is currently under invasion from Russia.
What is Ukraine?
The amount of money left in your paycheck after taxes, fees, benefit payments, and other deductions is this.
What is Net Pay (or take-home pay)?
These are the two groups that form the Legislative Branch (Congress).
What are the House of Representatives ("the House") and the Senate?
When a company allows portions of the ownership to be sold on the stock exchange, what is this called?
What is "Going Public," or becoming a publicly -traded company.
The smallest hourly rate you can legally be paid in a job (there are some exceptions for tipped workers).
What is minimum wage?
The shortage of this substance due to both supply chain issues and the contamination of the supply from a big manufacturer has lots of parents of very young children highly concerned.
What is baby formula?
You pay this to the government if you own a home.
What is Property Tax?
Until 1971, the value of US Currency was linked to the amount of this valuable commodity in the Federal Reserves.
What is gold?
This is how someone makes money from the Stock Market.
What is buying low and selling high?
This the amount you make BEFORE taxes and other costs are withheld form your check.
What is GROSS Pay?
This is the country that has continued to have VERY tight COVID restrictions and quarantine procedures in place, even as other countries have loosened restrictions around the pandemic.
What is China?
This is the date by which adults must file their income tax paperwork to the IRS.
What is April 15th?
These are the three main branches of the US Government.
What are the Executive, Judicial, and Legislative Branches?
A small portion of ownership in a company is called this.
What is a stock or share?
This is when a country imposes financial restrictions on another country to impose power upon them. (The US has done this to Russia over the war in Ukraine.)
What are Economic Sanctions?
This is the military alliance of 30 countries (including the United States) created in the aftermath of WWII. This group has an agreement to provide military defense to any member country if it is attacked.
What is NATO (North Atlantic Treaty Organization)?
This is the collection of "extras" that come with a job, including health insurance, perks (like a company car), retirement planning, etc.
What are Benefits?
These are certificates you can buy to loan money to the government or businesses, with the promise that you will be paid back with interest.
What are Bonds?
This is a portion of the company's profits, distributed to the shareholders.
What is a dividend?
This is when the total amount of currency circulating increases faster than the total value of goods and services in the economy, therefore making the total cost of goods and services go higher.
What is inflation?
The election this November will choose these members of the government (name one).
What is:
-Governor of Michigan
-Members of Congress
-Members of the Senate
-Members of the State Legislature
If you win the lottery, you have to pay this tax on your earnings.
The US spent 2.2 Trillion Dollars on this in 2020.
What is the Covid Economic Stimulus Package?
Prices of stocks on the Stock Market rise and fall according to this.
What is supply and demand (the Bid/Ask Spread)?