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Term1/13
What is the amount of a good or service that a consumer is willing to buy called
Definition1/13

Demand is considered what consumers are willing and able to buy. If the product or service is too expensive, then people won't buy it because they can't afford it and there will be no demand. If it's affordable but people don't see the use, they still won't buy it and there will still be no demand. In order to create demand, a product has to be both useful and affordable. The more useful and affordable it is, the more demand there will be.

Term1/13
What is money in a checking account called
Definition1/13

Money in a checking account is called demand deposit.

Term1/13
Supervises banking systems and regulates the money supply
Definition1/13

FRS

Term1/13
In which direction does the demand curve on a graph slant
Definition1/13

Downward left to right

Term1/13
This form of business organization is used by some professional workers like doctors and lawyers
Definition1/13

Partnership

Term1/13
Regulates securities and other financial market investments
Definition1/13

SEC

Term1/13
The financial management service is the bookkeeper for the federal government and is managed by this department
Definition1/13

treasury

Term1/13
What type of tax is one in which the rate of tax does not change with a change in the tax base
Definition1/13

proportional

Term1/13
Each individual agrees to provide some part of the labor for the business
Definition1/13

Partnership

Term1/13
The owner makes all of the decisions
Definition1/13

Proprietorship

Term1/13
This type of business has one or more individuals who share responsibility for the decisions of the company
Definition1/13

partnership

Term1/13
What department operates US Custom Service that collects duties on imports combats smuggling and other international crimes
Definition1/13

Treasury

Term1/13
Supply creates a demand
Definition1/13

False(Kaylop)

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Cards in this guide (13)
What is the amount of a good or service that a consumer is willing to buy called

Demand is considered what consumers are willing and able to buy. If the product or service is too expensive, then people won't buy it because they can't afford it and there will be no demand. If it's affordable but people don't see the use, they still won't buy it and there will still be no demand. In order to create demand, a product has to be both useful and affordable. The more useful and affordable it is, the more demand there will be.

What is money in a checking account called

Money in a checking account is called demand deposit.

Supervises banking systems and regulates the money supply

FRS

In which direction does the demand curve on a graph slant

Downward left to right

This form of business organization is used by some professional workers like doctors and lawyers

Partnership

Regulates securities and other financial market investments

SEC

The financial management service is the bookkeeper for the federal government and is managed by this department

treasury

What type of tax is one in which the rate of tax does not change with a change in the tax base

proportional

Each individual agrees to provide some part of the labor for the business

Partnership

The owner makes all of the decisions

Proprietorship

This type of business has one or more individuals who share responsibility for the decisions of the company

partnership

What department operates US Custom Service that collects duties on imports combats smuggling and other international crimes

Treasury

Supply creates a demand

False(Kaylop)

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