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Economics

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Alanis Price

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Cards in this guide (13)
Which term is defined as a government supports or pays part of the cost of production

subsidization

What might be one problem associated with a trade deficit

countries must borrow money to pay for their imports. -- A+

Which of these describes the contract between the debtor and the creditor when a bond is sold

the debtor promises to pay the creditor the borrowed money with interest at fixed intervals over a specific period of time

Which of these does not describe a private corporation

shares or traded on exchange

Why will the baby-boomer generation be a potential problem for government spending

the ratio of workers to retirees will be low, which will lower the income tax base from which to fund Social Security

Which government programs help cover costs of retired Americans

social security & medicare. -- A+

Which of these is not a responsibility of a corporation's board of directors

enforcing laws regarding stocks and bonds

Is a portrait of the corporation over a specific period of time which shows the corporation's earnings and expenses

profit and loss statement.

What best describes an implied warranty

a merchant's agreement that a product will function in the manner expected compared to other similar goods

Most favored nation status tends to grant the recipient which of these

Most favored nation status tends to grant the recipient with the same trade concessions.

What type of information does a balance sheet provide

company assets and liabilities.

Which term describes the amount of money the nation owes

Debt

Terms best describes government involvement in the form of financial assistance to crisis-stricken banks and businesses

Bailout A+

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