Investing
A loan to a government or business for a set amount of time with fixed interest
What is a bond?
Borrowing money that you don't have at the time, and paying it off later
What is Credit?
real gross domestic product grows for two or more consecutive quarters
A direct tax
What is Federal income tax?
Land, Labor, Entrepenur, and Capital
What is Factors or Production?
Not investing everything into one company
What is Diversity?
Plastic cards issued by stores, banks, and businesses. used to purchase goods and services
What is Credit Card?
the last month before several key economic indicators, such as employment and new housing starts, begin to fall
What is Peak?
always the same tax, never changes
What is Flat Tax?
What is Production possibility frontier
Laying out all your money evenly to multiple companies
Used to buy expensive items
What is Installment Credit?
when economic output declines
What is Contraction?
lowest income pays less, while most income pays the most
What is Progressive Tax?
What is Opportunity Cost?
Help mitigate the losses of a bad year for stocks
What is Debt Securities?
Putting a security deposit to limit the use of credit
What is Secured Credit?
when a recession ends and economic recovery begins
What is Trough?
tax paid to a governing body for the sales of certain goods and services
What is Sales Tax?
The condition in which our wants are greater than the resources available to satisfy them
What is Scarcity?
The greater the risk an investment may lose money, the greater its potential to provide a positive substantial return
What is Return Investing?
Based off your credit history and financial strength
What is Unsecured Credit?
concerted cyclical upswings and downswings in the broad measures of economic activity output, employment, income, and sales
What is Business Cycle?
a tax on products not considered essential
What is Luxury Tax?
Tool that the gov't uses to guide the economy along an expansionary path
Fiscal Policy