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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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