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☆☆☆☆☆Cards in this guide (19)
What do you do when your application for credit is rejected
Try for another company.
What is marginal cost
Marginal cost is the change in total cost incurred by adding 1 more unit of output to production.
the amount a firm's costs change when an additional good or service is produced.
What describes the relationship between human capital and productivity
Increased human capital leads to increased productivity.
Why is deflation destructive to the nation's economy
Not enough money is spent to keep business activity moving
What labor work thingsof nature into tangible products what are the products called
goods
Which factor of production includes such things as machinery and buildings used in the production of other goods
capital
What are the main sources of capital for the national state and local governments
taxes
What kinds of things could be considered capital resources
Buildings are considered capital. Cash and vehicles are not considered capital.
Who pays the taxes within an S corporation
Corporation Shareholders
How many nationwide districts is The Federal Reserve broken down into
The Federal Reserve is broken down into twelve districts.
Which term refers to the cost a firm incurs for capital goods
interest
What does the demand for labor contribute to
Demand for labor contributes to how much wages should be
Once an item is consumed when does its value begin to depreciate
immediately
Which division of the Department of Health and Human Services oversees distribution of Medicaid health insurance programs at the state level
Centers for Medicare and Medicaid Services
What of the following is not a responsibility of the Federal Reserve System
It guarantees loans to individuals with low household incomes
What of the following represents what happens when a company that manufactures cars and trucks might also own companies that make glass windows engine parts and fabric upholstery for the seats
vertical expansion A+
Which of these would not be considered intellectual capital
cultural values
what is the ________ of the united states is the federal reserve.
central bank.
Which of these is considered a service
technical support
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