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Taxes
Federal Reserve
International Trade
Personal Finance
Miscellaneous
100
This is the largest source of Federal Revenues.
What is the Individual Income Tax?
100
This group runs the Federal Reserve System.
What is the Board of Governors?
100
The ability to produce more of a given product using a given amount of resources.
What is Absolute Advantage?
100
This is the individual tax payer document that is submitted to the Federal Government.
What is a Form 1040?
100
This law dictates what happens when the price rises and the producers make more.
What is the Law of Supply?
200
This tax rate increases as the income increases.
What is a Progressive Tax?
200
The number of Districts that make up the Federal Reserve.
What is 12?
200
This trade association is made up of Mexico, Canada, and the U.S.
What is NAFTA?
200
This is calculated on the initial principal and also on the accumulated interest of previous periods of a deposit, credit card, or loan.
What is Compound Interest?
200
This is an agreement among firms to divide the market, set prices, or limit production.
What is collusion?
300
The Federal Government spends the most on this program.
What is Social Security?
300
This is the goal of the FEDs monetary policy.
What is control of inflation and unemployment?
300
The value of a foreign nation's currency in relation to your own currency
What is the Exchange Rate?
300
This is the legal status of an insolvent person or organization who cannot pay the debts they owe.
What is Bankruptcy?
300
This entitles its holder to buy goods and services based on the holder's promise to pay for these goods and services.
What is a credit card?
400
Any Federal tax must be the same in every state.
What is a limitation on U.S. Congress power to tax?
400
This determines the amount of money that a bank can lend.
What is the required reserve ratio (RRR)?
400
This is the decrease in the value of a currency.
What is depreciation?
400
This bank account is used to maintain daily financial transactions.
What is a Checking Account?
400
This describes demand that is very sensitive to a change in price.
What is Elastic?
500
On this date all Federal Income Taxes are due.
What is April 15?
500
This is the rate at which the FED lends money to its best customers.
What is the Discount Rate?
500
This is caused by unequal distribution of resources among nations (natural resources, physical capital, human capital, and investment).
What is the reason for trade between nations?
500
This occurs when you are renting an apartment and are kicked out for not paying the rent for a period of time.
What is Eviction?
500
The price paid for the use of borrowed money, or money earned by deposited funds.
What is Interest?