Macroeconomics
What are the things that people use for goods & services?
What are resources?
What is it called employess earn before taxes, benefits, and other payroll deductions are withheld from their wages?
What is gross pay?
What is a term that covers managing your money as well as saving & investing called?
What is personal finance?
What is a plan you write down to decide how will you spend your money each month?
What is a budget?
What is a share of a company's assets?
What is a stock?
What is scarcity?
What is a IRS document that you complete for your employer to determine how much should be withheld from your paycheck for federal income taxes?
What is a W-4 Tax Form?
What are the 5 types of personal finance?
What is income, saving, spending, investing, and protection?
What are two types of budgeting?
What is 50/30/20 budgeting, zero-based budgeting, etc.?
What type of funds are divided into several categories? (Including: stocks, bonds, or other securities)
What are mutual funds?
What system is based on traditions or customs of a family or community? (Centers on bartering or trading, rather than using money.)
What is a traditional economic system?
What type of tax on assets/property of a deceased individual transferred through a will to descendants?
What is a Federal Estate Tax?
What are 4 ways to pay for college?
What are scholarships, loans, grants, and work-study?
What is the yearly cost of borrowing money on your credit card? (Shown as a percentage)
What is APR? (Annual Percentage Rate)
What are some disadvantages and advantages on crypto currency?
Advantages: Cheaper & faster money transfers
Disadvantages: Price volatillity, high energy consumption, can be used for illicit purchases.
What is a market that has a single supplier of a good or service?
What is a monopoly?
If you win $600 or more at a casino or lottery, what type of form do you have to fill out?
What is a W-2G form?
What type of money is recieved by investments, dividens, intrest, and capital gains?
What is portfolio income?
What is a number used to predict how likely you are to pay a loan on time?
What is a credit score?
What corporation is an independent agency created by Congress to maintain stability and public confidence in the nation's financial system.
What is the Federal Deposit Insurance Corporation? (FDIC)
What exists when there are a few producers that dominate a marketplace?
What is an Oligopoly?
What is the profit that you make when you sell an asset for more than you paid for it called?
What is a Captial Gain?
What job type works for different companies at different times instead of being permanetly employed by one company?
What is free lance?
What is a score that is a three digit number based on the information in your credit card reports? (It helps lenders determine how likely you are to repay a loan)
What is a FICO score?
What was established the Federal Reserve System to provide stability and regulate the money supply, this act aimed to address issues of bank panics and ensure a safer financial system?
What was the Federal Reserve Act? (1913)