Economics

Federal income tax is due on-

The government receives most of its revenue from-

the purpose of the FDIC is to-

When the government cuts taxes, what is their intended outcome?

When a product is considered the same no matter who makes or sells it, it is called a(n)

Major economic indicators used to decide fiscal and monetary policy include-

Which of the following is true of investing in the stock market?

Goods that are bought and used together are called

______interest is calculated on the amount of the deposit only

The goals of fiscal policy include-

wHICH OF THE FOLLOWING IS NOT A FACTOR OF PRODUCTION?

Alternatives that are given up when a choice is made is called-

The law of demand is best illustrated when-

Funds Social Security and Medicare

When moving along a demand curve, the only factor taken into account is-

When the economy is growing too quickly, which type of fiscal policy will the government use?

If you use tight money policy you are trying to ______ the economy

_________loks at individual consumer behavior

______ interest is calculated on the amount of the deposit PLUS interest earned.

Policies meant to grow an economy

Amounts that you can subtract from your gross income on taxes

The three factors of investing include all of the following except-

__________studies the economy as a whole

Federal income tax is an example of-

Number of federal reserve districts

Typically speaking, the riskier the investment-

one individual doing business

A(n) ___________ is a special type of loan used to buy real estate.

When revenue exceeds expenditures

Which of the following is the best example of the law of supply

A good that is brought in from another country is called a(n)

When our wants exceed our limited resources, it is called a-

Actions the FED takes to influence the economy

A good that is sent to another country is called a(n)

Which form is filled out when someone begins a new job and is used to withhold taxes

High-yield, low-rated, risky bonds are called-

Economics is the study of-

When government revenues equals expenditures, we say that the budget is-

Which type of financial institution offers low interest rates to its members?

Spending such as education and defense

The term money supply refers to-

Which of the following is a trade agreement between the U.S., Canada and Mexico?

The basic tool of fiscal policy is-

In 1929, the crash of the stock market contributed to-

A government run retirement fund for those over the age of 65 and those who are disabled.

Economic theory that the government should help the economy

Used to encourage a certain type of economic behavior

Good options for saving for retirement include-

Currently is about 18 trillion

The nearest federal reserve bank

the government's fiscal year-

When a supply curve shifts to the left or right

When assets can be easily and quickly converted to cash, they called-

Ways to measure the health of the stock market are/is-

What does scarcity mean in economics?

Use of spending and revenue collection to influence the economy

How do excise taxes affect price and supply?

Increased government spending-

Economic term, best explains why businesses don't always make more money when charging more

The price paid for the use of borrowed money is called-