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Economics

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Keara O'Conner

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Cards in this guide (17)
What might be one problem associated with a trade deficit

countries must borrow money to pay for their imports. -- A+

What definition describes a debtor

the person or business doing the borrowing

Which of these is not a factor when determining the value of a company's shares

the age of the company a+

What is the largest and best-known exchange

new york

What best describes market prices that change often and to a great degree with dramatic spikes and plunges

Volatile is the word that best describes market prices that change often and to a great degree with dramatic spikes and plunges.

Why will the baby-boomer generation be a potential problem for government spending

the ratio of workers to retirees will be low, which will lower the income tax base from which to fund Social Security

What can happen to prices in a competitive market when demand increases as supply remains the same

increase in prices

Why is energy an important part of a healthy economy

when energy prices spike dramatically, recession can occur

Which government programs help cover costs of retired Americans

social security & medicare. -- A+

Which term best describes the rate at which a country's currencies convert to other currencies

exchange rate

Which of these is not a responsibility of a corporation's board of directors

enforcing laws regarding stocks and bonds

Why do public corporations receive much more attention on average

because of their size and the importance they have on the economy

What term does not refer to portions of ownership Ina corporation

Bonds

What type of information does a balance sheet provide

company assets and liabilities.

Which of these describes a creditor

the person or business doing the lending. -- A+

Which term describes the amount of money the nation owes

Debt

Which of these is a sort of average that takes into account the price of many stocks that are traded on the exchange

index

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