EPF Ultimate Speedrun

Lump sum paid to start a mortgage

Mortage where the interest rate never changes . . .

When demand or supply varies significantly based on price . . .

A tariff is . . .

A four year college degree is . . .

Example of traditional economy?

Usual rule-of-thumb for emergency fund . . .

Example of command economy?

"The customer is always right in matters of taste."

The value of a house less the amount owed on it . . .

Goods which can replace another good are . . .

Example of mixed economy?

Likely to get more favorable interest rates on a loan from a . . . .

Generally, which is less expensive?

Goods which pair with another good are . . .

Measure of debt

Retirement account - tax is paid up front, withdraw tax-free in retirement

Diminishing marginal utility . . . .

Example of unsecured debt . . .

Circular Flow of Money illustrates the relationship between . . .

Tax paid on the growth of an investment, like stocks

A retirement account any individual can open

Has your income and tax withholding information for each year to allow you to complete taxes

ARM stands for . . .

Law of supply - as price rises . . .

The main economic reason to do something . . .

The area of Durham, Chapel Hill, and Raleigh forms . . .

The increase in value of real property or stock values are . . .

The Fed manages the business cycle through . . .

Intellectual property is protected by . . .

The educational benefit of joining the military . . .

The free trade agreement between Canada, the US, and Mexico:

Market index that focuses on tech companies . . .

The total income BEFORE taxes . . .

When a country has a comparative advantage . . .

Measure of inflation, useful for most people

The FTC prohibiting Microsoft from acquiring Activision is an example of . . .

The government can take private property under . . .

Credit score:

A savings device for college:

Term life insurance?

Law of demand - as price rises . . .

The point of intersection between demand and supply curves . . .

The factors of production are:

Federal income taxes are . . .

Taxes on homes and automobiles are . . .

Tax paid when goods are purchased . . .

Way to add income

When a country has an absolute advantage . . .

Example of market economy?

Money paid to a third party to be held in trust . . .

FICA taxes pay for

Sells identical items?

Generally, interest rates & bond prices move

If a country exports more than it imports it has a . . .

Production outside the production possibilites frontier is . . .

Financial Aid form:

Sells similar items? (Quarter-Pounds & Whoppers)

Retirement account offered through an employer

Opportunity cost is . . .