Cards in this guide (23)
A company can secure additional capital without going into debt by doing what
Technical analysis of a company's stock focuses on what
Overall trends in the market such as bull and bear markets
A business is unlikely to be able to secure startup capital from a venture capitalist without what
The expectation of success in a short period of time
What is the principle that justifies a regressive tax
The benefits-received principle justifies a regressive tax.
What does a budget reveal about a government
A budget reveals the spending plan for the fiscal year, as well
as the government's financial priorities and goals.
Which government agency is responsible for preparing a budget proposal for the president to submit to Congress
the Office of Management and Budget (OMB)
Which of the following accurately describes how an investment is made
Putting money into an asset
Which of the following has no value except as a medium of exchange
Currency traders buy on margin so they can do which of the following
Make large currency trades using small amounts of money.
What best describes the meaning of going public
When a company begins selling shares of its stock to the
public
What factors would be most likely to lead to an unsuccessful IPO
Poor timing of putting the IPO on the market can lead to an
unsuccessful IPO.
What best describes the kinds of companies which a socially responsible investor would invest his or her money
Companies with a business model and social mission that the
investor supports.
What enterprises would be most likely to attract a venture capitalist
A one-year-old e-commerce company
Which of e following is the act of buying and selling money using other types of money
This is called exchanging currency, and it is usually required
when traveling abroad.
Which best explains the purpose of issuing a bond
Not to manage an economy, to help stabilize a currency, or to help consumers purchase services, but to raise money.
Which best describes the purpose of an initial public offering IPO
The first sale of stock to the public
or To raise money to fund a company's activities.
Which best explains why the money supply is decreased when the government issues bonds
The purchase of bonds reduces the bond buyers' bank
accounts.
What statement accurately describes the requirements banks must meet under a fractional reserve banking system
Banks must keep a specific percentage of deposits on hand. Apex
Economics.
Which of the following describes a condition that is favorable for conducting an IPO
What most accurately explains why fiat money has no value in itself
Fiat money has only a single use as a medium of exchange.
What of the following must be true in order for a good to be considered for sale in the commodity market
It's in a raw state in uniform among producers
When Compared to basic savings accounts CDs are liquid and have interest rates
Match each organization with its correct relationship to the government
A. Social security _ government agency
B. U.S. Postal Service _ government corporation
C. Boeing _ government contractor
