Credit
Income, What is it?
Expenses
Government Types of Latin America
Economic systems of Latin America
100
If you do not pay off the money you borrow in full, this can be added to the account.

What is Interest?

100

This is income that is based on the number of hours that you work at a job.

What is hourly pay?

100

Your water bill, which can change each month, is an example of this type of Expense.

What is a Variable Expense?

100

Brazil has this type of democracy.

What is "presidential"?

100

Cuba leans more heavily to this type of Economic System?

What is Command?

200

If the interest on your account goes up or down by the same amount, it is this type.

What is simple interest?

200

When you put money into your account, it is called this.

What is Deposit?

200

Your rent, which stays the same throughout the length of your rental agreement, is this type of expense.

What is a Fixed Expense?

200

The chief executive of a Presidential system is called this.

What is a President?

200

Mexico has this type of economic system

What is Mixed Market?

300

If the interest on your account goes up or down based on the total balance including interest each month, it is this type.

What is Compound Interest?

300

When you earn a guaranteed pay rate for a given year, it is this type of income.

What is a Salary?

300

Expenses that are WANTS (but not needs) are this type.

What is a Non-essential Expense?

300

The chief executive of a parliamentary system is called this.

Prime Minister

300

Brazil has this type of Economy

What is Mixed Market?

400

Bureaus will look at your credit history, on time payments along with total credit usage to assign this to you. (It can range from 350-850).

What is a Credit Score?

400

The Federal and State governments will take this from your paychecks.

What is income tax?

400
Expenses that are needs--like clothing, food, and housing.

Essential Expense

400

Cuba has this type of Government.

What is communist?

400

The US has historically had this type of trade barrier in place with Cuba.

What is an Embargo?

500

You may take out one of these to buy a car or home

What is a loan?

500

This is the government agency that you pay your taxes to.

What is the IRS or Internal Revenue Service?

500

A credit card minimum payment, which goes down as you pay down the balance, is this type of expense.

Variable expense

500

Mexico has this type of Government 

What is "presidential democracy"?

500

This trade agreement, which was intially named NAFTA, and ended trade barriers between the US, Canada, and Mexico was reworked into this trade agreement.

What is USMCA?