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☆☆☆☆☆Cards in this guide (20)
What is money in a checking account called
Money in a checking account is called demand deposit.
In this department the Bureau of Economics provides an analysis of the nations economy including the GNP
commerce
In which year was the Federal Reserve System created
1913
What type of tax is placed on the value of inherited property
inheritance
On which type of form can the best indicators of wealth be shown
balance sheet
What is the subject on which a tax is levied
tax base
Which of these should happen in order for a country to increase capital effectively
More money invested and/or saved.
What term is used to describe the percentage that is taxed
The percentage at which something is taxed is the Tax Rate.
This form of business organization is used by some professional workers like doctors and lawyers
Partnership
This function of money is accepted for buying clothes gas for your car or a ticket to the big game
medium of exchange
Which of these actions might members of management take to generate more capital to increase profit
To find more efficient ways to produce...
Inheritance taxes and excise taxes on luxury goods are examples of what type of taxes
Progressive
Only one person is liable if the business fails
proprietorship
The factors of production are the beginning of the process that makes up the
gross nationaly product
What describes a demand deposit
money in a checking account
Money in a checking account <3333
For an economy to grow and expand there must be an increase in which of these
Is an organization that produces and distributes a good or service for profit called a business yes or no
Yes
Which of these was one of the chief reasons for bank failures in 1929-1930
Banks were not holding required reserves to cover withdrawals.
Which tools does the government use to regulate and keeps banks from over extending themselves
Require assets
Which of the following is the best description of a consumer good
It is something tangible that can be touched or carried
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