OCS EPF Final Exam Vocabulary Review Game

This is a profession that someone feels passionate about that they participate in for a long time in their life span.

The amount of money you have left over after you list your assets and subtract your debt.

Shares in the ownership of a company.

Name given to people who are experts in a certain field & use social media to educate other people in their field:

The amount of money an individual must pay when using an insurance policy before the company will pay its portion:

The amount of money that an individual earns for work completed over time:

The amount of money needed to cover basics such as housing, food, taxes, and healthcare:

The actual amount of money borrowed from a lender:

What type of card can be used for transactions where money comes directly out of your checking or savings account?

What are expenses that change when the number of items produced changes?

Name of publication put out by a nonprofit organization that evaluates products & services, & shares findings:

The amount of money that remains after taxes and deductions are taken out that an employee gets to take home with them:

This involves obtaining and developing knowledge and skills often in a school or training setting.

Overall name for forms of electronic communication through which users create online communities to share information:

The amount of money that is regularly paid to someone for the work that they complete, typically on an hourly basis:

What type of loan has no collateral involved?

Common form of marketing goods or services by means of telephone calls, usually unsolicited, to potential customers:

The money collected by the government is called:

Which of the following represents the percentage of people searching for full time employment but cannot find jobs?

The best estimate of earnings and expenditures to help guide financial choices in a future period of time:

___ is buying goods from another country; ____ is selling goods to another country:

In economics, what is an individual who starts a new business or invents a new product called?

Things that we would like to have but are not necessary for survival:

Type of crime when personal or financial information has been compromised from one person & then used by another person:

___ are taxes on an individual’s salary, as ____ are taxes on the value of property owned by a person.

When making a decision leads to gaining one thing while losing something else:

What are the expenses that are the same no matter how much or how little a business produces?

The central bank of the United States is the:

Setting aside of money for a purchase in the near future through savings accounts or money market accounts.

The four factors of production: