Cards in this guide (24)
What are some problems caused by globalization
globalization is happening because of worldwide trade and
exchange between countries.
When did the Baby Boom Occur
The Baby Boom occurred after WW1 as soon as the soldiers came
home from the war.
What is said of a country's currency when it takes more of the currency to buy the same amount of another country's currency
When a country brings in goods that were made in another country what is it doing
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
What is the largest and best-known exchange
Who must approve the appointees to the National Labor Relations Board
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
Why is energy an important part of a healthy economy
when energy prices spike dramatically, recession can occur
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
Which of these is not a responsibility of a corporation's board of directors
enforcing laws regarding stocks and bonds
Why do public corporations receive much more attention on average
because of their size and the importance they have on the
economy
What occurs when expenses are greater than revenue
Which of these is not an advantage of the foreign production of goods
What term does not refer to portions of ownership Ina corporation
Which term best describes an economic slowdown
An economic slowdown is called a recession.
Which point in the business cycle has the greatest economic activity
Which of these describes a creditor
the person or business doing the lending. -- A+
Which term describes the amount of money the nation owes
