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Economics

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Nona Bogan

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Cards in this guide (16)
What are some problems caused by globalization

globalization is happening because of worldwide trade and exchange between countries.

What might be one problem associated with a trade deficit

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

What is the need for cash referred to as

liquidity needs

How are countries such as China and India affecting the need for power

China and India are the two most populous nations on Earth, jointly accounting for nearly a third of the global population, so as they industrialize and increase their power consumption, this naturally has a large effect on the global need for power.

What is BOK Financial Corporation's population

BOK Financial Corporation's population is 4,110.

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

What can happen to prices in a competitive market when demand increases as supply remains the same

increase in prices

Which is not considered an entitlement payment

income tax refund

What does acquired 100 shares mean

Generally speaking the phrase of "acquired 100 shares" means that a person has purchased 100 shares of a corporation's stock.

What does not describe the relationship between nobles and vassals in the feudal system

Equality.

What is a trade surplus

country export more than they import

Which point in the business cycle has the greatest economic activity

Peak a+

Which term describes the amount of money the nation owes

Debt

Of the following which term covers a wide range of government promises of financial benefit to particular persons who meet certain criteria

entitlements A+

Choose the best meaning for this suffix. -phobia

The meaning is "fear of".

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

Bailout A+

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