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Economics

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Jude Beatty

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Cards in this guide (22)
What are some problems caused by globalization

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

When a country brings in goods that were made in another country what is it doing

importing

Which is not a feasible solution to reducing the nation's deficit

Eliminating Social Welfare Programs

What is a direct concern stemming from rising global temperatures

increased use of alternative energy sources. -- A+

What might be one problem associated with a trade deficit

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

Which of these is not a factor when determining the value of a company's shares

the age of the company a+

What is the largest and best-known exchange

new york

What best describes market prices that change often and to a great degree with dramatic spikes and plunges

Volatile is the word that best describes market prices that change often and to a great degree with dramatic spikes and plunges.

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

Why is energy an important part of a healthy economy

when energy prices spike dramatically, recession can occur

Which is not considered an entitlement payment

income tax refund

Which government programs help cover costs of retired Americans

social security & medicare. -- A+

What problem could be caused by older Americans holding onto their jobs for a longer period of time than expected

fewer jobs for younger americans

Which term best describes the rate at which a country's currencies convert to other currencies

exchange rate

Why do public corporations receive much more attention on average

because of their size and the importance they have on the economy

What term does not refer to portions of ownership Ina corporation

Bonds

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

What is a possible explanation for the high unemployment rate between 2008 and 2012

Low demand for products resulted in fewer job opportunities

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

Bailout A+

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