Economics Exam pt 1
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In a free market what helps to keep the prices low?
What federal agency insures your bank deposits?
What is a certificate that promises to repay money loan plus intrest?
What do you call a buisness that is a legal entity distinct from its owner
What does CPI stand for
Consumer Price Index
What are the four parts of the buisness cycle?
Expansion Recession Trough Peak
Legal tender backed by nothing but a governments promise?
What type of bank account allows their holders to earn intrest on their deposites?
What is the concept of uniting all the people of the World
Where did globalism get its start
tower of bable
What president used suply side economics
What type of inflation is represented by higher food costs
What type of inflation would higher gas prices represent?
What is a portion of a corporations stock
What are the four factors of production
- natural resources
what is the fith factor of production
what is the professed aim of marxism
equality of outcome
What is the value of the best alternative thats forgone when a different alternative is taken
What is a good capable of being used in place of another good
what is the place in which the quantity demanded and the quanity supplied are equal
What would you like to do?
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