Intro Final Study Guide

Bond rating agencies include; Standards & Poors and Moody’s.

Most nations have a

The total amount of money a government owes is called:

Every type of business needs labor resources to produce goods and provide services.

Unlike goods, services are performed for free.

Competition among businesses hurts the consumer.

Resources are the things necessary for making only what people need.

During a depression, there is

Making an unplanned purchase is called:

____________________ wants are wants that are widely shared by many people.

Comparison shopping is important for major purchases because the cost difference is huge.

Unlike goods, services are performed for free.

Christmas Vacation: Clark  and Uncle share a glass of eggnog in glasses shaped like this 

A shortage of resources is called ____________________.

All of the following are resources except

Implied warranties usually come in written form.

Former chairman of NASDAQ who was convicted of operating ponzi scheme:

During the early 1600s, the U.S. economy was

In the film "Christmas Vacation', how many lights does Clarke say he has covering his house?

Figures used to measure economic performance are called:

 Home Alone: Kevin sits down with a microwavable dinner just before the doorbell rings to eat?

Capital loss is the profit made from the sale of a financial asset such as stock or a bond .

In 'A Christmas Story', what is it that everyone is telling Ralphie Parker he'll shoot out?

The unemployment rate measures the number of people who

Brokerage firms charge a commission when an investor buys securities through them.

The rise and fall of economic activity over time is called:

A warranty is like a:

Entrepreneurial resources are different from labor resources.

A dividend is:

Brokerage firms charge a commission when an investor buys securities through them.

Every type of business needs labor resources to produce goods and provide services.

NASDAQ stands for National Association of Securities Dealers Automated Quotations.

Resources are the things necessary for making only what people need.

Where can you find flawed or discontinued merchandise?

Two basic types of economic systems are a market economy and a demand economy.

Prices for many items change during different times of the year.

A Christmas Story:  Ralphie's family orders this at a Chinese restaurant. 

<p>An example of a franchise is:</p>

Though generic brands cost less, they are always of lesser quality than brand names.

In Christmas Vacation Aunt Bethany brings green Jell-O that has what something added to it 

Cities, towns, or regional projects such as schools sell corporate bonds to finance projects.

A bounced check will not hurt your financial reputation.

In a command economy

A bounced check will not hurt your financial reputation..

What message does Ralphie decipher using his decoder pin in 'A Christmas Story'?

One of the biggest obstacles in starting a business is

Competition among businesses hurts the consumer.

The Grinch Stole Christmas: The Grinch is invited to carve this kind of roast.

OSHA stands for:

Entrepreneurial resources are different from labor resources.

The stock market crash on October 29, 1929 is known as:

Products sold for less to attract customers in to the store: