Economic Final 2023

In this system decisions are based on ritual and custom

What happens when money is taken out of a CD before the maturity date?

These are bills that totals stay the same every month

This is when workers do not work till their demands are met...

This is the measure of what a country makes within its physical borders?

The usefulness of product wears out with use. This is called.....

If Target bought Walmart it what kind of merger would it be?

This is a payment made 2-5 years into an ARM Mortgage

These are people who buy goods and services

This is a company with branches in other countries is said to be..

economy where the gov. owns all property and decisions are based on need not luxuary

Tax document that states how many people are being claimed/supported.

This is when a company has a legal identity

This is a report showing all a person's purchases and payments

This is a license to start a co.

This is a willingness to buy a product at a particular price

This is a group organized to represent the workers in negioation, with management

Fico score is ..

This agency makes sure principals are insured up to one hundred thousand

What kind of merger is it if a bakery buys an oven company?

This is an investor who buys when stock is low and waits for prices to go up.

Home mortgage with varying interest month to month is called..

Thinking about supply and demand formula if Supply is up and price is down what is demand?

net is....

Goods and services made by a country anywhere in the world

This describes a stock market with low trading and low prices ...

This is when a third party tries to help workers and magangement come to an agreement

What type of resource is a hammer?

This is a company that continues after the owner dies

A new stock that is doing well is called....

What is the longest period of time a fixed mortgage can be taken out...

This is a market is controlled by a few co.

What is the difference between a 401k and a mutual fund?

When do people take money out of their 401k?

This is to substitute a product with a cheaper one

What agency regulates the stock market

having limited resources and unlimited wants

Term used to describe a person who works during a strike

Gross is

Which is not a stock index..

This type of economy is driven by supply and demand and property is privately owned

A person who creates a new product or service is called

supply of a product can be changed in response to demand

This describes stock market with a lot of trading and high prices

This is when the gov pays money to help business that are suffering and in danger of going out of business..

When a company is owned by a few people it is called..

Not investing your money all in one type of investment

This law prevents mergers

Type of resource where people use their knowledge and skills