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It is a Business that has full receiver of profits, Relatively few regulations, Start-up costs low (business license), with full control over it
What is a Sole proprietorship
What is scenario where there is: Many Sellers – so many competitors each is too small to impact the market, A small amount of differentiation – exactly the same thing. Its Easy to enter the market, and No ability to drive the price
Perfect Competition
Is part of district 6, grouped with Atlanta
What is Tenesee
What is a trough
The hight of succses in a business
What is the Peak?
A business that has Low start-up costs, Shared decision making, Specialization/complimentary qualities. with more than 1 person.
What is a partnership?
A small group of businesses that control the market for a product or service. With more than 1 competitor and all sell similar products or service.
What is an ologoploy
Janet yellen
Who was the first female in F.E.D Chair
The comeback or return of a companies life rotation
What is a Recovery?
The act of purchasing brand new products and items in the country of the united states.
What is GDP?
Who genraly makes more when it comes to State banks and natinol banks
What is multiple companies have many competitors but each sells a slightly different product. Substitutional but not identical.
Monopolistic competition
} Sherman antitrust - 1890
} Clayton antitrust -1914
} Federal reserve commission act - 1914
} Robinson-Patman act - 1936
} Wheler-Lea act - 1938
What is the time line of the Antitrust law
The business over purchases resourses and needs to cut back
What is a Recession
The business cuts back due to lack of demand
What is contractionary?
Who believed that, in times of economic downturn, the government should do (spend) what the consumers cannot.
Economist John Maynard Keynes
A place where you can get this, and only this thing from. The single seller in a market that controls the price of said product or service.
What is a monoploy?
Is responsible for the protection of human health and the environment. Provides technical assistance to support recovery planning of public health and infrastructure, such as waste water treatment plants.
What is the Environmental protection agency
An increase in price but demand dose not change
What is an Expansion?
Refers to action cental bank take to pursue objective such as price stability and maximum employment
What is monetary policy
It protects public health and safety and advances the nation’s common defense and security by enabling the safe and secure use and deployment of civilian nuclear energy technologies and radioactive materials through efficient and reliable licensing, oversight, and regulation for the benefit of society and the environment.
What is the Nuclear Regulatory commission
What is the term used to describe the composition of multiple business or companies?
What is Market structure
Or
Market Type
It acts as a watchdog for the stock market, ensuring fair, orderly, and efficient markets. It protects investors by enforcing laws against fraud, requiring public companies to disclose financial information, and overseeing brokers, exchanges, and financial professionals.
What is the Securities and Exchange Commission
The absolute most succsessful part of the business cycle
What is the Peak/Boom
Refers to the governments revenue collections and spending decisions (Congress and the administration)
What is fiscal policy?