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Economics

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Glen Fahey

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Cards in this guide (19)
Which kind of stock market analysis focuses on overall trends in the market

Technical analysis is the kind of stock market analysis that focuses on overall trends in the market.

What describes how a fixed-rate mortgage works

The monthly payment on a fixed-rate mortgage never changes.

What are you paying for when you lease a car

The decrease in the car's value

Why does a savings account make a better investment than a checking account

Savings accounts earn interest.

What can discretionary funds be used to pay for

Discretionary funds are government spending by passing an appropriations bill to pay for a program such as military spending or education. The money is raised and can only be spent on the program in the bill.

What is the purpose of the required reserve ratio

. To make sure banks have enough money on hand to meet customers' withdrawal requests

This is incorrect. Fractional Reserve Banking is the Instrument by which Banks lend money against your signature and only need 10% of the funds on hand to do so. They create 90% of the funds out of thin air. It is virtually legalized counterfeiting. Then they have the nerve to charge you interest on this money they created from nothing. Anybody who accepts this as a good idea is insane. If you don't believe me there are many you tube videos on the subject. An excellent place to start is "The Four Horsemen" featuring testimony from people such as the ex chief economist from the World Bank.

Which of these is most likely to lead to a decrease in the price of a good

Demand decreases and supply remains the same would lead to a decrease in the price of a good.

Which of these is the Fed not able to do

Prevent a budget deficit

Help you match each author with correct era

You can match authors with the correct era by visiting your local library. A librarian can help you find all you need to know about each author and their works.

Which one of these describes a situation in which people have to pay a deductible

When their insurance policy only covers part of a medical expense.

What are the correct steps to show how a budget is made

a

b

d

c

Which is most likely to lead to a decrease in the price of a companys stock

Annual profits decrease

Which is most likely to lead to an increase in the price of company's stock

Its profits increase

What of the following best explains why treasury bonds have an effect on the size of the money supply

The Federal Reserve Bank can buy and sell these bonds to raise or lower bank deposits. APEX

When Compared to basic savings accounts CDs are liquid and have interest rates

more; lower

What time is Churchill most clearly using

I cannot answer this question.

Match each organization with its correct relationship to the government

A. Social security _ government agency

B. U.S. Postal Service _ government corporation

C. Boeing _ government contractor

Match each type of good with the sample good it represents (apex)

Merit good : education

Public good : national security

Individual good : food

Match each type of unfair business practice with its description (apex)

1.Vendor lock in: a company say a wide range of product can be used with its products but this is not true.

  1. Price fixing: a group of companies agree that all of them will charge the same price.

3.Predatory pricing: a large company charges a price below production cost in order to eliminate small competitors.

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