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Business
National
International
Personal
Econ 101
100
oligolopy
What is a business structure which has few sellers that greatly affect eachother. (auto/appliances/ airlines)
100
progressive tax
What is your income dictates how much you will pay.
100
mutual benefit
What is the major reason why International Trade occurs.
100
compound interest
What is a way to compute interest by adding it onto interest earned.
100
Supply
What is the amount sellers are willing and able to sell.
200
stock market
What is a way to link investors and corporations. (remember most trades happen on line)
200
FED
What is organiztion that is independant of the government; but aides in the control of our money supply.
200
World Bank or IMF
What is where a country could go get a loan.
200
Installment debt
What is a payment plan which payment is made in equal payments over time. (car/house)
200
Economics
What is satisfying your wants and needs in a world of scarcity.
300
Portfolio
What is your investments combined.
300
Double Coincidence of wants
What is why barterning works...or doesn't
300
Comparative Advantage
What is an entity can do something at less opportunity cost. It is much more important than Absolute Advantage.
300
"keeping up with the Joneses"
What is conspicious consumption?
300
tradedy of the commons
What is shared responsibility for an entity.
400
Economic Indicator
What is real estate, main street, inflation rate, stock prices....
400
Fiscal Policy
What is taxing and spending of the G
400
New Hampshire
What is where the Bretton Woods Conference took place in 1944.
400
Social Security, State, Federal, FICA
What is some of the taxes taken out of your paycheck
400
opportunity cost
What is what you give up to get something.
500
sole propritorship
What is the most popular business organization of the U.S.
500
Purchasing Power
What is what currancy has. It takes into account inflation and exchange rates.
500
Keynesian Economists
What is those who want the G involved in the economy.
500
Positive Externality
What is a good thing that happens without being planned for. (such as butterflies in your yard because of the tree your neighbor planted)
500
Production Possibilities Curve
What is graph showing what a country could use its resourses for.