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FINISH STRONG
FINALS EXAMS
YES WE CAN!
I BELIEVE IN YOU
DONT STRESS!
DO YOUR BEST!
EYE ON THE PRIZE
100
Union and management discussion about wages and working conditions is an example of THIS.
What is COLLECTIVE BARGAINING?
100
THIS includes both coins and paper money.
What is CURRENCY?
100
A deposit account that requires savers to deposit their money for a certain period of time.
What is a CERTIFICATE OF DEPOSIT?
100
The per capita GDP is very low in THIS.
What is a TRADITIONAL ECONOMY?
100
In a command economy, trade decisions are made by THIS.
What is the GOVERNMENT?
200
Providing investors with full disclosure before they choose to invest is an example of THIS.
What is TRANSPARENCY?
200
The interest rate that the Federal Reserve charges in loans to its member banks.
What is the DISCOUNT RATE?
200
Your conclusion about the economy, if you read in the newspaper that the Federal Reserve had just lowered the discount rate.
What is THE ECONOMY IS SLUGGISH AND NEEDS TO BE STIMULATED?
200
The belief that society should own and control the means of production is part of the philosophy of THIS.
What is SOCIALISM?
200
The reason some countries have trade barriers.
What is TO PROTECT THEIR ECONOMIES?
300
The most common form of business organization in the United States is THIS.
What is SOLE PROPRIETORSHIP?
300
The main purpose of the Federal Deposit Insurance Corporation.
What is to INSURE CHECKING AND SAVINGS DEPOSITS?
300
The meaning of "Money serves as a measure of value".
What is MONEY IS A VALUE MEDIUM EVERYONE UNDERSTANDS?
300
The NAFTA trade agreement was made among THESE countries.
What is the UNITED STATES, CANADA, AND MEXICO?
300
When workers are required to join a union, in a union shop.
What is BEFORE THEY BEGIN WORKING?
400
Mediation is used in negotiations over wage and benefits when THIS happens.
What is the PARTIES CANNOT AGREE?
400
The central bank of the United States.
What is the FEDERAL RESERVE SYSTEM?
400
A nation may put a limit on the amount of foreign goods imported by placing THIS on the goods.
What is a QUOTA?
400
The way a society organizes the production and consumption of goods and services.
What is its ECONOMIC SYSTEM?
400
In a supply and demand graph, what happens (most likely) to the price of gasoline when the price of traveling by airline decreases.
What is the DEMAND CURVE SHIFTS LEFT?
500
Corporations are required to release important financial information regularly to THESE people.
Who are the STOCKHOLDERS?
500
The Fed requires banks to keep THIS. (A percentage of their money)
What is a RESERVE?
500
Economic decisions are made based on the interaction of supply and demand in THIS.
What is a PURE MARKET ECONOMY?
500
A major challenge facing developing countries.
What is a HUGE POPULATION GROWTH?
500
In a supply and demand graph, what happens when a higher tax is placed on sales of cigarettes.
What is THE SUPPLY CURVE SHIFTS TO THE LEFT?