Show:
Taxes
Credit Cards
Investing
Factors of Production
Business Organizations
100
When the rate (percentage) of taxation increases as income increases.
What is a Progressive tax?
100
The maximum amount allowed to carry over as an outstanding balance on a credit card.
What is a Credit Limit?
100
When an investment is considered high risk it generally has the potential for this.
What is High Returns?
100
This factor of production could include coal, water or wood.
What is Land?
100
When a business has a single owner.
What is a Sole Proprietorship?
200
This is the name given to taxes levied on imported goods.
What is a Tariff?
200
Promotional deals offered on credit cards to lure customers to apply for the card.
What is an Introductory Offer?
200
The collection of investments a person holds.
What is a Portfolio
200
This factor of production includes unskilled workers.
What is Labor?
200
When ownership of a business includes more than one person.
What is a Partnership?
300
Sales tax is an example of this type of tax structure.
What is a Regressive tax?
300
This term refers to the practice of raising interest rates when a cardholder misses a payment to any creditor.
What is Universal Default?
300
This term refers to how easy it is to convert an investment into cash.
What is Liquidity?
300
This person brings together the factors of production in order to provide a good or service.
What is an Entrepreneur?
300
This term refers to a corporation that has a diversified set of businesses it owns.
What is a Conglomerate?
400
Public schools receive most of their funding from this tax.
What is Property tax?
400
Fees charged just for having a credit card.
What is an Annual Fee?
400
When a bond or CD can be cashed in without penalty it is has reached this.
What is Maturity?
400
This factor of production could be a hammer or a tractor.
What is Physical Capital?
400
This type of business is bought from an already established business chain.
What is a Franchise?
500
Lodging, tobacco and gasoline all have this type of tax applied to them.
What is an Excise tax?
500
Mathematically speaking this is the product of an outstanding balance and the interest rate.
What is a Finance Charge?
500
Payments made to stock investors based on the profits of the company.
What is a Dividend?
500
This would be represented by a persons education, training or skills.
What is Human Capital?
500
This type of business organization is recognized legally as its own entity.
What is a Corporation?