Horses are grazing animals and ultimately should be able to
eat/graze all day- because we have domesticated them, they are
normally fed twice a day morning and night. Although, some will
feed three times a day which is better than being fed twice a day.
Horses are grazing animals and ultimately should be able to
eat/graze all day- because we have domesticated them, they are
normally fed twice a day morning and night. Although, some will
feed three times a day which is better than being fed twice a
day.
🔄 Click to see term
Term1/19
What are the characteristic features of underdeveloped countries
🔄 Click to see definition
Definition1/19
There are many distinct characteristics of an underdeveloped
country. Low income, unemployment or underemployment, and low skill
levels are all characteristics of an underdeveloped country.
🔄 Click to see term
Term1/19
What circumstances would allow Country A to have an absolute advantage over Country B in the production of computers
🔄 Click to see definition
Definition1/19
Companies in Country A can produce computers at a lower
cost.
🔄 Click to see term
Term1/19
Why have many developing countries failed to benefit from the spread of free trade around the world
🔄 Click to see definition
Definition1/19
Developed countries continue to maintain high tariffs on the
agricultural goods that developing countries export in large
numbers.
🔄 Click to see term
Term1/19
What does the World Bank hope will result from the loans it makes to developing countries
🔄 Click to see definition
Definition1/19
An improved climate for foreign investment
🔄 Click to see term
Term1/19
Globalization creates greater what
🔄 Click to see definition
Definition1/19
Interconnections among the people and economies of the world
🔄 Click to see term
Term1/19
Why do some countries fear increasing economic interdependence
🔄 Click to see definition
Definition1/19
Interdependence involves a loss of control over the national
economy.
🔄 Click to see term
Term1/19
Why does the IMF require countries to accept economic policy recommendations along with the loans it gives
🔄 Click to see definition
Definition1/19
The IMF wants to fix the economies of countries that need its
help.
🔄 Click to see term
Term1/19
Digital cameras are an example of what type of market structure
🔄 Click to see definition
Definition1/19
oligopoly
🔄 Click to see term
Term1/19
What is included in a personal budget
🔄 Click to see definition
Definition1/19
A personal budget includes all of your expenses as well as your
income. When you create a budget it will help you control your
finances.
🔄 Click to see term
Term1/19
What has been the main drawback of globalization for the United states
🔄 Click to see definition
Definition1/19
Competition with lower wages and jobs leaving the country are
some of the major drawbacks of globalization.
🔄 Click to see term
Term1/19
When married but separated can married filing jointly be the filing status
🔄 Click to see definition
Definition1/19
IF you are NOT LEGALLY separated in the state that you are a a
resident of on the last day of the year.
Your filing status would be married filing joint or on a
separate 1040 federal income tax return MARRIED FILING
SEPARATE.
🔄 Click to see term
Term1/19
What is the term for something bought or sold
🔄 Click to see definition
Definition1/19
Something bought or sold is a commodity. A commodity can be a
service or goods (a product). There may be other terms in business
that I'm not aware of, but commodity is the first that comes to my
mind.
🔄 Click to see term
Term1/19
Why the government might enact a price ceiling in order to accomplish what
🔄 Click to see definition
Definition1/19
The government might enact a price ceiling in order to protect
the poor.
🔄 Click to see term
Term1/19
What results from the fact that free market system is based on the free choices of consumers and producers
🔄 Click to see definition
Definition1/19
The free-market system has a circular flow of influence.
🔄 Click to see term
Term1/19
What companies offer private loans for students
🔄 Click to see definition
Definition1/19
Student loans can be provided by government companies aimed at
student finance but also through your chosen bank usually if you
have a positive credit score.
🔄 Click to see term
Term1/19
Why is it difficult for private industry to provide public goods
🔄 Click to see definition
Definition1/19
Private industries mainly work for profit purpose. If they
provide public goods then it has to be priced at lower rates which
will diminish their profit margins. Thus, it is difficult for
private players to provide public goods.
🔄 Click to see term
Term1/19
Why pay attention to translation in math expressions
🔄 Click to see definition
Definition1/19
Because if you do not pay attention you will not know what they
are!
🔄 Click to see term
Term1/19
what is an amortization table used for
🔄 Click to see definition
Definition1/19
A table that details the process of amortization. Amortization
is the process of paying off a debt over a period of time in
installments. As debts involve interest on top of principal, this
can be confusing, and thus an amortization table is used.
🔄 Click to see term
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Cards in this guide (19)
When do horses have to be fed
Horses are grazing animals and ultimately should be able to
eat/graze all day- because we have domesticated them, they are
normally fed twice a day morning and night. Although, some will
feed three times a day which is better than being fed twice a day.
Horses are grazing animals and ultimately should be able to
eat/graze all day- because we have domesticated them, they are
normally fed twice a day morning and night. Although, some will
feed three times a day which is better than being fed twice a
day.
What are the characteristic features of underdeveloped countries
There are many distinct characteristics of an underdeveloped
country. Low income, unemployment or underemployment, and low skill
levels are all characteristics of an underdeveloped country.
What circumstances would allow Country A to have an absolute advantage over Country B in the production of computers
Companies in Country A can produce computers at a lower
cost.
Why have many developing countries failed to benefit from the spread of free trade around the world
Developed countries continue to maintain high tariffs on the
agricultural goods that developing countries export in large
numbers.
What does the World Bank hope will result from the loans it makes to developing countries
An improved climate for foreign investment
Globalization creates greater what
Interconnections among the people and economies of the world
Why do some countries fear increasing economic interdependence
Interdependence involves a loss of control over the national
economy.
Why does the IMF require countries to accept economic policy recommendations along with the loans it gives
The IMF wants to fix the economies of countries that need its
help.
Digital cameras are an example of what type of market structure
oligopoly
What is included in a personal budget
A personal budget includes all of your expenses as well as your
income. When you create a budget it will help you control your
finances.
What has been the main drawback of globalization for the United states
Competition with lower wages and jobs leaving the country are
some of the major drawbacks of globalization.
When married but separated can married filing jointly be the filing status
IF you are NOT LEGALLY separated in the state that you are a a
resident of on the last day of the year.
Your filing status would be married filing joint or on a
separate 1040 federal income tax return MARRIED FILING
SEPARATE.
What is the term for something bought or sold
Something bought or sold is a commodity. A commodity can be a
service or goods (a product). There may be other terms in business
that I'm not aware of, but commodity is the first that comes to my
mind.
Why the government might enact a price ceiling in order to accomplish what
The government might enact a price ceiling in order to protect
the poor.
What results from the fact that free market system is based on the free choices of consumers and producers
The free-market system has a circular flow of influence.
What companies offer private loans for students
Student loans can be provided by government companies aimed at
student finance but also through your chosen bank usually if you
have a positive credit score.
Why is it difficult for private industry to provide public goods
Private industries mainly work for profit purpose. If they
provide public goods then it has to be priced at lower rates which
will diminish their profit margins. Thus, it is difficult for
private players to provide public goods.
Why pay attention to translation in math expressions
Because if you do not pay attention you will not know what they
are!
what is an amortization table used for
A table that details the process of amortization. Amortization
is the process of paying off a debt over a period of time in
installments. As debts involve interest on top of principal, this
can be confusing, and thus an amortization table is used.