a graph showing how the demand for a commodity or service varies with changes in its price.
What is a demand curve
100
a system of money in general use in a particular country.
What is Currency?
100
The theories forming the basis of Keynesian economics were first presented by this British economist.
Who is John Maynard Keynes?
200
Bonds are loans, or IOUs, but you serve as the bank. You loan your money to a company, a city, the government – and they promise to pay you back in full, with regular interest payments.
What are bonds
200
the part of economics concerned with single factors and the effects of individual decisions.
What is microeconomics?
200
in economics, graphic representation of the relationship between product price and quantity of product that a seller is willing and able to supply.
What is a Supply Curve?
200
exchange (goods or services) for other goods or services without using money.
What is Barter?
200
is the federal law that requires you to withhold three separate taxes from the wages you pay your employees.
What is FICA?
300
obtain (goods or a service) from an outside or foreign supplier, especially in place of an internal source.
What is outsourcing?
300
Capital, Entrepreneurship, Land, Labor
What are the Factors of Production?
300
When the supply and demand curves intersect.
What is Market Equilibrium?
300
Medium of Exchange, Store of Value, Unit of Account
What are the Functions of Money?
300
is the process by which the firm decides which long-term investments to make.
What is Capital Budget?
400
a state of limited competition, in which a market is shared by a small number of producers or sellers.
What is an Oligopoly
400
the end result of production and manufacturing and are what a consumer will see on the store shelf.
What is a consumer good
400
international trade left to its natural course without tariffs, quotas, or other restrictions.