Personal Finance Study 3rd

where you record all of the check and cash transactions your business has during an accounting period.

Based on what reasons may employers not discriminate against applicants?

a check that cannot be processed because the account holder has nonsufficient funds

the demand for a resource is greater than the supply of that resource

the ability of a good or asset to be interchanged with other individual goods or assets of the same type

Moral principle that govern a person's behavior

Social science that studies the production, distribution, and consumption of goods and services.

is the monetary value of all finished goods and services made within a country during a specific period

The ability to adjust your approach and mindset.

the total amount of a specific good or service that is available to consumers

Specific and measureable milestones that when reached bring you closer to your ideal future.

responsible for enforcing federal laws that make it illegal to discriminate against a job applicant or an employee.

the activity to which one regularly devotes oneself, especially one's regular work, or means of getting a living.

a school or teaching unit organized by an industry or large company to provide trade training, apprentice education

the legal right of the owner of intellectual property

an economy's ability to produce a product faster at a lower cost than their neighbor.

A period of declining economic performance across an entire economy that lasts for several months is called a

a 2-year government-supported college that offers an associate degree

an easily recognizable symbol, phrase, or word that denotes a specific product.

the sharing of information or services between people, businesses or groups.

decrease in the purchasing power of money

The primary function of money

a transaction involving a transfer of money to another party for safekeeping

a company's ability to raise cash when it needs it.

What is Personal Finance?

​ In economic terms ______payment differs from a _______ payment one is usually paid monthly, other are paid weekly​

consumer's desire to purchase goods and services and willingness to pay a price for a specific

expenditures necessary for basic daily living and maintaining good health

What is the minimum wage required in the FLSA?

trade agreement is a pact between two or more nations to reduce barriers to imports and exports among them.

The process of combining various material inputs and immaterial inputs in order to make something for consumption

A check shouldn't be accepted for payment.