Final Exam 1 - 25

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Final Exam 1 - 25


Froggy Jumps Final Exam 1 - 25Versión en línea Vocab Term por Kiara Melendez 1 Balanced Budget a budget in which revenues are equal to spending b a steady drop in the price of stocks over a period of time c ederal funds given to the states in lump sums 2 Bear Market a budget in which revenues are equal to spending b a steady drop in the price of stocks over a period of time c federal funds given to the states in lump sums 3 Block Grant a a steady drop in the price of stocks over a period of time b federal funds given to the states in lump sums c budget in which revenues are equal to spending 4 Ceteris Paribus a the assumption that nothing but the price of a good will change b authorization to start a business issued by the local government c the seven-member group that oversees the Federal Reserve System 5 Business License a authorization to start a business issued by the local government b the assumption that nothing but the price of a good will change c the seven-member group that oversees the Federal Reserve System 6 Board of Governors a authorization to start a business issued by the local government b the seven-member group that oversees the Federal Reserve System c the assumption that nothing but the price of a good will change 7 Complement a a good that is bought and used along with another good b objects that have value in themselves and that are also used as money c inflation that rises steadily from month to month over a long period of time 8 Commodity Money a objects that have value in themselves and that are also used as money b a good that is bought and used along with another good c inflation that rises steadily from month to month over a long period of time 9 Chronic Inflation a a good that is bought and used along with another good b objects that have value in themselves and that are also used as money c inflation that rises steadily from month to month over a long period of time 12 Currency a failure to pay back a loan b variable amounts that you can subtract from your gross income c coins and paper bills used as money 13 Deductions a variable amounts that you can subtract from your gross income b coins and paper bills used as money c failure to pay back a loan 14 Default a coins and paper bills used as money b failure to pay back a loan c variable amounts that you can subtract from your gross income 16 Demand Curve a the portion of corporate profits paid out to stockholders b the removal of some government controls over a market c a graphic representation of a demand schedule 17 Deregulation a the portion of corporate profits paid out to stockholders b a graphic representation of a demand schedule c the removal of some government controls over a market 18 Dividend a the removal of some government controls over a market b the portion of corporate profits paid out to stockholders c a graphic representation of a demand schedule 19 Easy Money Policy a monetary policy that increases the money supply b demand that is very sensitive to a change in price c the method used by society to produce and distribute goods and services 20 Economics System a the method used by society to produce and distribute goods and services b monetary policy that increases the money supply c demand that is very sensitive to a change in price 21 Elastic a the method used by society to produce and distribute goods and services b monetary policy that increases the money supply c demand that is very sensitive to a change in price 22 Elasticity of Demand a greatest output of goods and services through the best use of resources b a measure of how people change their buying patterns when prices change c a measure of the way a quantity supplied reacts to a change in price 23 Elasticity of Supply a a measure of how people change their buying patterns when prices change b greatest output of goods and services through the best use of resources c a measure of the way a quantity supplied reacts to a change in price 24 Efficiency a a measure of how people change their buying patterns when prices change b a measure of the way a quantity supplied reacts to a change in price c greatest output of goods and services through the best use of resources 25 Equities a claims of ownership in a corporation b demand that is very sensitive to a change in price c a measure of the way a quantity supplied reacts to a change in price

Final Exam 1 - 25

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Final Exam 1 - 25Versión en línea

por Kiara Melendez

Balanced Budget

Bear Market

Block Grant

Ceteris Paribus

Business License

Board of Governors

Complement

Commodity Money

Chronic Inflation

Currency

Deductions

Default

Demand Curve

Deregulation

Dividend

Easy Money Policy

Economics System

Elastic

Elasticity of Demand

Elasticity of Supply

Efficiency

Equities