Economics Final Review Part 2

The largest stock exchange in the world is the

The econ principal that states the more you get of a good, the less likely you are to buy more

Money that is legal tender is called

A type of investment where you loan a company money is called a

All items that a business or household hold a legal claim to are called

A single seller controlling the market is a(n)

The factors of production include all of the following EXCEPT

A financial institution owned and operated by the members themselves is called a

The negotiation process between unions and management is called

A type of business owned by many people but treated as a separate legal entity is called a

A deliberate work stoppage is known as a

Two or more people forming a business makes that business a

An investment company that pools the money of investors to buy stocks or bonds is called a

Shares of corporation stock that have voting benefits are called

A supply of business items used by a business is called

A person who organizes, manages and assumes the risks of a business is called a(n)

A temporary partnership is called a

An increase in an asset from the time it is bought until the time it is sold is called

The FDIC insures

The price where quantity supplied is equal to quantity demanded is called

The value of the next best alternative that was given up is called the

A private retirement plan allowing you to defer taxation until you retire is called a(n)

Two items used together are called

The Law of Supply states that as price goes up quantity supplied goes

All of the following are major credit bureaus EXCEPT

A contract to rent a house is a

A tariff is a(n)

A new business enterprise is called a

Price responsiveness is called

"Bait and switch" is an example of

Professional workers are in the work category known as

The portion of a corporation's profits paid to its stockholders is called a

All of these are US government securities EXCEPT

All of the following are durable goods EXCEPT

One stock index is the

Asking the public not to buy a corporation's goods is an example of a

A legal minimum price is a(n)

The Equal Credit Opportunity Act makes it illegal to discriminate on the basis of

The amount you pay to borrow someone else's money is called

Laws that prevent monopolies are known as