the total dollar value of all final goods and services produced and sold in the country on a year.
What is GDP
100
another name for a market economy; a system in which people make their own decisions about how to save resources as capital and how to use their capital to produce goods and services.
What is capitalism
100
the ability to turn savings back into cash
What is liquidity
200
portions of a corporation's profit paid to stockholders
What is dividends
200
a manufacture’s promise to repair a product if it breaks within a certain period of time from the date of purchase.
What is warranty
200
the amount by which government spending is greater than government income.
What is deficit
200
the system in which individuals market
What is Free enterprise
200
a saving plan with a set length of time that money must be kept in the account within a penalty for withdrawing early
What is Time Deposits
300
extra income as a reward for excellent work
What is bonus
300
having a financial obligation to a person or business
What is debt
300
the total amount of money the government owes to lenders.
What is national debt
300
the system in which individuals market economy are free to undertake economic activities with little or no control by the government.
What is Free enterprise
300
certificates that people buy from the government, which agrees to pay back the coast of the bonds, plus interest, after a et period of time.
What is Bonds
400
a percentage per sale that you make
What is commission
400
an amount of money borrowed for a certain period of time
What is a loan
400
income
What is revenue
400
an act that outlaws a agreements among company’s that limit competition.
What is Sherman Antitrust act
400
investment in an investment company
What is a mutual fund
500
the amount of money you have left after taxes have been paid
What is disposable income
500
an expense that changes every month
What is a variable expense
500
government dealing with US finances
What is Fiscal policy
500
print our money
What is the Fed
500
money you put in a bank that you can access at any time in the form of a check