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☆☆☆☆☆Cards in this guide (15)
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 explains the financial position of a company at a specific point in time
balance sheet
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 of these describes a creditor
the person or business doing the lending. -- A+
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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