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Economics

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Bonnie Monahan

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Cards in this guide (21)
What is collective bargaining

a process in which union and company representatives meet to negotiate a new labor contract

What happens in collective bargaining?

representatives of unions and companies negotiate new labor contracts

What are some problems caused by globalization

globalization is happening because of worldwide trade and exchange between countries.

How do stocks and bonds differ

Bonds are a form of debt when a company sells them to creditors

Does the SEC requires that publicly owned corporations submit financial statements to it each year

yes

Which social science often includes a study of how a certain group of people manufactures goods or spends its money

sociology

Which of these describes what maturity means with regard to securities

the set date upon which the treasury agrees it will pay back the loan plus the interest amount A+

Which term is defined as a government supports or pays part of the cost of production

subsidization

What is the need for cash referred to as

liquidity needs

Why are bonds evaluated by rating agencies

to help investorsto help investors determine the likelihood of debt repayment a+

To which principle does circular flow refer

The circular flow refers to a simple economic model which describes the reciprocal circulation of income between the consumers and producers.

Thanks

Which is not considered an entitlement payment

income tax refund

What term does not refer to portions of ownership Ina corporation

Bonds

What does not describe the relationship between nobles and vassals in the feudal system

Equality.

What did not result from the development of farming techniques by the nomadic people

more time spent on gathering food

Which point in the business cycle has the greatest economic activity

Peak a+

The federal budget proposal recommends funding levels for the next fiscal year which begins on what date

October 1

Which term describes the amount of money the nation owes

Debt

What is a possible explanation for the high unemployment rate between 2008 and 2012

Low demand for products resulted in fewer job opportunities

Of the following which term covers a wide range of government promises of financial benefit to particular persons who meet certain criteria

entitlements A+

What statements are not true regarding the government's power to tax

the power to tax is unlimited but must be used in accordance with the provisions in the constitution A+

Is not a way in which the European countries benefited from the colonies in the New World

The colonies provided an overland route by which to trade.

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