budgeting and finance (test review)

___ is the simple interest formula

___ is the tax for Social Security

list the four parts of the business cycle

___ companies like banks make loans

___ payments are made for the right to use the car

your ___ is how will you pay off your credit and bills

___ allows investments to easily be converted to cash

give three benefit benefits to renting a house

___ is when you borrow money to buy something

name the type of bad unemployment

an example of a commercial bank

when the economic system reaches a trough the stock market ___

___ provides workers with benefits

name three types of normal unemployment

commercial banks or businesses that make money by charging interest on loans

stock value goes up when a company has ___ (?)

a ___ is a personal card guaranteed by bank

tariffs are paid for by ___

give three benefits to buying a house

The advantage of commercial banks is that the service is impersonal

banking privileges with your bank prevent bouncing checks

leading indicators are where the cycle is now

The two predictors over where the economy is going next is ___ and ___

___ is a portion of ownership in a company

overtime interest earns ___

the economy cycle peaks when the GDP reaches its ___

The economy stops growing during the ___

name two benefits of buying a car

___ are set up by employees for deposits to disrupt payments to retire

___ is the prolonged contraction of six months

___ is the compound interest formula

___ is the prolonged contraction of one year

during ___ wages decrease

___ is the study of personal or small finances

what are the three kinds of banks?

___ indicators show where the cycle has been

___ is economic information to measure change (?)/ where the cycle is now

___ is when a stockholder sell stock for less than they paid for it

A credit union is a nonprofit bank owned by members of an organization

Credit cards compound ___ to ___ interest monthly

___ unemployment is considered bad

money market accounts invest money in ___ investments

name two benefits of leasing a car