Economics Exam pt 1

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

What are the four parts of the buisness cycle?

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

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

what is the fith factor of production

what is the professed aim of marxism

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