Basics of Econ
This is the desire, willingness, and ability to purchase a good or service
Demand
These are the three levels that tax citizens in the USA
Federal, State, Local
This is legal possession and control over property, which may be any asset, tangible or intangible
Owning
These kinds of bonds are considered low risk because they are backed by the regime that issues them.
Governmental Bonds
Appeal in advertising based on logic
Logos
This type of economy is based on bartering and trading
Traditional
THIS tax structure taxes same percentage no matter who you are or what you purchase
Flat Rate
What is the main difference between renting and leasing?
Length of Tenancy
Banks operate as a middle man between WHO and WHO?
Depositors and Borrowers
Making target audiences laugh, cry, or feel inspired are common examples of WHAT kind of appeal?
Pathos
Competing products are called WHAT because consumers can use one in place of the other.
Substitutes
AKA Take Home Pay
Net Pay
These are loans from banks and building societies that are used to buy land and buildings such as offices, homes, and shops.
Mortgages
THIS is a type of savings account offered by banks and credit unions. You agree to keep your money in THIS without taking a withdrawal for a specified length of time.
Certificate of Deposit (CD)
THESE kinds of laws encompass issues like false advertising, scams, predatory lending, unfair debt collection, and foreclosure.
Consumer Protection Laws
THIS is the fundamental problem of economics
Scarcity
THIS is the Supreme Court case that allowed for companies to spend money on elections
Citizens United v. FEC (OR Citizens United)
This is the name of the application for Federal Student Aid for college students in the United States
FAFSA
THIS is an automatically managed, group of stocks and other investments
Index Fund
Ethos
THIS is what you cannot buy or do when you choose to do or buy one thing rather than another.
Opportunity Cost
THIS can reduce the amount of your income BEFORE you calculate the tax you owe/ before your employer withholds taxes
Deductions
THIS factor is weighed the largest in ones creditworthiness/credit score
Credit History (have you made your payments)
Benefits of THIS kind of life insurance include: relatively cheaper, much simpler than other kinds, and it is not forever binding
Term Life
This is defined as imposing unfair, deceptive, or abusive loan terms on borrowers. In many cases, these loans carry high fees and interest rates
Predatory Lending