How does bankruptcy affect interest rates on loans and credit cards
🔄 Click to see definition
Definition1/20
It cause interest rates to rise.
🔄 Click to see term
Term1/20
How long does it take for a check to clear
🔄 Click to see definition
Definition1/20
It generally takes 2-3 days from the time the check is deposited
until the time it clears. This can vary from bank to bank.
🔄 Click to see term
Term1/20
What is a trade-off
🔄 Click to see definition
Definition1/20
A trade-off is an alternative that we sacrifice when we make a
decision.
🔄 Click to see term
Term1/20
What is the Role of central bank in implementing monetary policy
🔄 Click to see definition
Definition1/20
inside lag
🔄 Click to see term
Term1/20
What monetary policy should be implemented to correct an inflationary economy
🔄 Click to see definition
Definition1/20
a sale of bonds to decrease the money supply, increasing
interest rates, these are recessionary measures used to slow down
the economy.
🔄 Click to see term
Term1/20
Which of the following tools is an example of monetary policy
🔄 Click to see definition
Definition1/20
the government restricts the amount of money that banks can
lend.
🔄 Click to see term
Term1/20
How can population changes affect demand for certain goods
🔄 Click to see definition
Definition1/20
immediate demand for a good will go up if it's price is expected
to rise.
this is how population changes affect demand for certain
goods.
🔄 Click to see term
Term1/20
What is the effect of the interaction of buyers and sellers on a market
🔄 Click to see definition
Definition1/20
agreement on the price and quantity traded
🔄 Click to see term
Term1/20
What is the function of a bank examiner
🔄 Click to see definition
Definition1/20
to make sure the banks are obeying laws and regulations
🔄 Click to see term
Term1/20
Government programs that protect people experiencing unfavorable economic conditions are
🔄 Click to see definition
Definition1/20
Safety Net!
🔄 Click to see term
Term1/20
In a traditional economy what are the economic decisions based largely on
🔄 Click to see definition
Definition1/20
Customs and traditions.
🔄 Click to see term
Term1/20
What is an example of scarcity rather than shortage
🔄 Click to see definition
Definition1/20
A person wants an endless supply of everything but cannot have
it.
🔄 Click to see term
Term1/20
What is it called when banks record which account gives up mpney and which account receives money when a customer writes a check
🔄 Click to see definition
Definition1/20
Check Clearing
🔄 Click to see term
Term1/20
Which of the following is most important characteristic of an entrepreneur
🔄 Click to see definition
Definition1/20
hard work and patience
🔄 Click to see term
Term1/20
How do you change federal funds rate
🔄 Click to see definition
Definition1/20
The federal funds rate is the interest rate banks charge on
loans in the federal funds market. The federal funds rate is not
set administratively by the Fed. Instead, the rate is determined by
the supply of reserves relative to the demand for them.
🔄 Click to see term
Term1/20
What does a fractional reserve banking system mean
🔄 Click to see definition
Definition1/20
ensures growth in the economy
🔄 Click to see term
Term1/20
What is the belief that the money supply is the most important factor in macroeconomic performance
🔄 Click to see definition
Definition1/20
monetarism
🔄 Click to see term
Term1/20
What is the federal reserve best known for
🔄 Click to see definition
Definition1/20
For regulating the nations money supply
🔄 Click to see term
Term1/20
What is the money multiplier formula
🔄 Click to see definition
Definition1/20
The money multiplier formula is the amount of new money that will be created with each demand deposit, calculated as 1 ÷ RRR.
🔄 Click to see term
Term1/20
When dealing with the chemicals in the laboratory which of the following is not safe
🔄 Click to see definition
Definition1/20
It is not safe to drink or eat chemicals.
🔄 Click to see term
🥳
Great job!
You studied all the cards in this guide.
Rate this guide:
☆★☆★☆★☆★☆★
Start overPrint
Full screen
Rate this Study Guide:
☆★☆★☆★☆★☆★
Cards in this guide (20)
How does bankruptcy affect interest rates on loans and credit cards
It cause interest rates to rise.
How long does it take for a check to clear
It generally takes 2-3 days from the time the check is deposited
until the time it clears. This can vary from bank to bank.
What is a trade-off
A trade-off is an alternative that we sacrifice when we make a
decision.
What is the Role of central bank in implementing monetary policy
inside lag
What monetary policy should be implemented to correct an inflationary economy
a sale of bonds to decrease the money supply, increasing
interest rates, these are recessionary measures used to slow down
the economy.
Which of the following tools is an example of monetary policy
the government restricts the amount of money that banks can
lend.
How can population changes affect demand for certain goods
immediate demand for a good will go up if it's price is expected
to rise.
this is how population changes affect demand for certain
goods.
What is the effect of the interaction of buyers and sellers on a market
agreement on the price and quantity traded
What is the function of a bank examiner
to make sure the banks are obeying laws and regulations
Government programs that protect people experiencing unfavorable economic conditions are
Safety Net!
In a traditional economy what are the economic decisions based largely on
Customs and traditions.
What is an example of scarcity rather than shortage
A person wants an endless supply of everything but cannot have
it.
What is it called when banks record which account gives up mpney and which account receives money when a customer writes a check
Check Clearing
Which of the following is most important characteristic of an entrepreneur
hard work and patience
How do you change federal funds rate
The federal funds rate is the interest rate banks charge on
loans in the federal funds market. The federal funds rate is not
set administratively by the Fed. Instead, the rate is determined by
the supply of reserves relative to the demand for them.
What does a fractional reserve banking system mean
ensures growth in the economy
What is the belief that the money supply is the most important factor in macroeconomic performance
monetarism
What is the federal reserve best known for
For regulating the nations money supply
What is the money multiplier formula
The money multiplier formula is the amount of new money that will be created with each demand deposit, calculated as 1 ÷ RRR.
When dealing with the chemicals in the laboratory which of the following is not safe