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☆☆☆☆☆Cards in this guide (19)
What are aspects of intellectual property
Copyright, patents, rights in music, and performance rights are all aspects of intellectual property
What is the term for the decentralized market where currencies are traded
F e m
Which government agency sets wage standards
Department of Labor
How did John Maynard Keynes view government's role in the economy
He advocated a strong role of govt. in managing the economy...
Which type of tax is imposed on those who inherit assets from a deceased person
inheritance tax
When does the government maintain spending and taxes at their current rates
when economy is stable
Which of these are documents that promise future repayment at a specific time or in intervals over time
Certificates of deposit
Which statement describes an expansion
People and businesses consume more products and services.
Which economic trend might happen as a result of abnormal weather such as drought or flooding
It can lead to negative effects on the economic activity and can even cause a recession.
What does acquired 100 shares mean
Generally speaking the phrase of "acquired 100 shares" means that a person has purchased 100 shares of a corporation's stock.
Which of these describes the economic recovery period in the business cycle
Economic activity is rising above the point of the previous peak.
What powers are often controversial because they are based on interpretation
implied
What sources are most Interstate Highway System funds allocated
fuel taxes
Shortages or spikes in which of the following can have a potential impact on a global economy
energy
Which point in the business cycle has the greatest economic activity
Peak a+
To what does the term domestic goods refer
goods manufactured outside of the home nation
A shortage of a natural resource can lead to which phase in the business cycle
recession
What of these points in the business cycle creates excitement and wealth but can also lead to deeper recessions after it ends
boom A+
Which of these defines the term "expenses"
the costs of operating
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