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Economics

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Marcelina Crona

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Cards in this guide (19)
What is money in a checking account called

Money in a checking account is called demand deposit.

In which year was the Federal Reserve System created

1913

What is the simplest way to create capital

the public and private sectors save more
erm.. if you mean to create capital letters on a keyboard, the simplest way (that i think) it to press shift. shift is the one with a pointing up arrow? :S :S :S

This type of economics addresses the question what is

Pure economics addresses this question.

In times of rising prices the purchasing power of money falls affecting which of these

INFLATION

storehouse of value

Which of these describes a time deposit

Money in a savings account is an example of a time deposit.

Which of these functions of money allows people to save their money to use in the future

Storehouse of value. (:

Why do small banks in remote locations sometimes become a subsidiary of a larger bank

To offer more services to the general puclic

Which of these countries led England in commerce during the seventeenth century

The Netherlands.

What do the inner arrows of the circular flow model represent

flow of money payments(Kaylop)
Factor services ( From household to firms) &

Goods & Services (From firms to households).

[in a 2 sector economy)

Which of these reasons was most likely the single cause of the stock market crash

margin requirement

The owner makes all of the decisions

Proprietorship

Only one person is liable if the business fails

proprietorship

What describes a demand deposit

money in a checking account

Money in a checking account <3333

In 1776 Adam smith developed what theories

Classical Capitalism

The measure of the success of an economy is the Gross National Product

TRUE

Would the electric company b most likely be a profit or nonprofit corporation

The electric company would have to be a for profit company, they provide a service at a marked up price, making them for profit.

Is a partnership firm has any legal entity

No, a partnership firm has no legal entity. Registering the partnership firm means registering the partnership relation. firm has no separate legal entity.

Which tools does the government use to regulate and keeps banks from over extending themselves

Require assets

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