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Final Exam Stuff Flashcards | StudBud
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Final Exam Stuff
Final Exam Stuff
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24 cards
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Answers
1
Taxes placed on imports to increase demand of domestic goods
Securities
Tariffs
Trading Blocs
2
Nations that have had significant or rapid industrial growth in recent decades
Developing Nations
Developed Nations
Yo, what's the rush Nations
Newly Developed nations
3
the risk-takers who organize and direct the other factors of production
astronauts
capitalists
entrepreneurs
fascists
4
Certificate of Deposits are
a savings account where money is put away for a limited time
Official Stock purchase documents
Official documentation of Panda adoptions
5
The central banking system of the U.S. which has a goal of promoting a strong economy
National Trade Federation
Federal Reserve
Capital Trust Reserve
Federal Trade Bank
6
Commercial Banks are
banks that give loans to businesses and corporations
banks that give loans to individuals to buy a home
banks that give loans to companies to create TV commercials
7
a small supply of an item that is desired
Capital Loss
scarcity
Tarriff
I wouldn't pick this... but up to you
8
Term used by critics of socialism; claim that gov't benefits weakens people's work ethic
Welfare State
Welfare Propaganda
Feeling the Bern
Nationalization
9
Drake is
A better singer
crappy at both
A better rapper
10
Nationalization
redistribution of land for religion
government taking over key industries
becoming a citizen
11
Better rapper
Eminem
Lil' Wayne
12
Capital Gains are best explained as
Buying more real estate
Amount of money earned from investments
Interest earned from a savings account
A factor of production
13
Comparative Advantage
countries should produce goods it can make efficiently
allowing a certain amount of imported goods through trade
Passing college level English but failing High School level
14
Groups of nations that trade with each other without barriers such as quotas
Trading Blocs
Da Homie Hook-ups
Trading Partners
Nationalist Partnerships
15
Boumediene vs. Bush
gave the right of habeas corpus to military prisoners
Forced Former President Bush back to Texas
allowed the use of Super PACs
Criminalized Socialism
16
Liquidity
how fast ketchup pours from a Heinz bottle
The length of time for a bond to mature
how quick capital assets can be moved or converted into cash
17
Nations with little or no industry
Developing Nations
Newly Developed Nations
Developed Nations
Non-Developed Nations
18
Mortgage
Loan for Del Taco purchases
loan for business expansion
loan for real estate
19
Medicare
Insurance for those 65 y/o or older
insurance for hardcore parkour activities
insurance for low-income Americans
20
Command economy
Government operates all economic activities
Government owns and operates key industries
Government allows free trade and market activities
21
Medicaid
Insurance for shark wranglers
insurance for those 65 y/o or older
insurance for low-income families
22
Allows buyers and sellers to determine what, how, and for whom goods and services are produced
Command Economy
Market Economy
Pure Canadian Syrup
Traditional Economy
23
not a factor of production
labor
land
time
capital
24
Protects consumers from unfair business practices
Federal Trade Commission
Better Business Bureau
Commission of Business Affairs
'Check Yo Self' Foundation