American Government Review 2014

Clauses written in insurance policies that specify what the provider will or will not pay for.

A bank card that deducts the amount of a purchase from the account of the cardholder.

Deductions such as union dues and and insurance that remain largely unchanged each pay period.

A rule of thumb that predicts how fast investments will double based on specific interest.

A term to describe the amount of money gained on an investment.

Deductions that can change from paycheck to paycheck based on certain factors.

The amount of money one has left over after all necessities and expenses are paid.

An economy where economic roles are typically passed down from one generation to the next.

The name of the central banking system in the United States.

A term to describe how a government raises and spends money.

A term to describe assets that are easily converted to cash.

A term to describe limited quantities of resources for unlimited wants and needs.

A type of insurance that provides benefits to survivors of the insured.

The amount of money you pay for insurance.

A term to describe when the economy begins to expand after a recessionary period.

A period of declining wages, rising unemployment, and slowing economic activity.

When a person or corporation has debts greater than assets and is unable to pay those debts.

When one has insufficient funds in their account to cover a check they have written.

Laws that allow consumers to return defective cars and major appliances within a certain time.

A type of personal debt where the consumer only has to pay the monthly interest charges.

A term to describe potential losses associated with any investment.

The total value of all goods and services created by a country during a single year.

A type of insurance that protect you against damages caused by uninsured or unknown motorists.

A latin term that literally means "buyer beware."

A type of investment where you loan money to a corporation or government for interest.

A card that lets one borrow money at the point-of-sale with a promise to repay with interest.

A type of investment that is made up of a variety of stocks and/or bonds.

A term to describe when government does not involve itself in regulating businesses.

The name of the instrument that the government uses to measure inflation.

A tax-shelter retirement annuity usually provided through private companies.

An account that requires one leaves their money for a period of time for a guaranteed return.

A type of insurance that pays for medical needs.

An economic system where the government makes all decisions about prices and production.

A form an employee fills out that says how much the employer should withhold for taxes.

A term to describe when a government spends more money than they take in.

An economic restriction aimed at enforcing international law.

The total amount of money that is owed by a country.

A tax-sheltered annuity that allows tax-free withdrawals for retirees.

An economy where people choose what to produce without government interference.

A firm that maintains consumer credit data and provides credit scores.

A long-term economic state characterized by unemployment, falling prices, and low investment.

A term to describe the second best alternative to an decision (what you give up).

A government agency that insures deposits held in banks.

A type of insurance that covers you if you cause an accident.

A type of tax-sheltered retirement annuity usually provided by non-profit employers.

A term to describe when money loses value and purchasing power over time.

The tax form that is most-often used by people with uncomplicated circumstances.

A form sent home by employers by the end of January that summarizes annual tax withholdings.

A sum of up-front money given to a landlord to pay for potential damages to the property.

The amount of income one receives after all taxes and deductions have been taken out.