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Economics

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Gardner Fisher

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Cards in this guide (19)
What is Standard and Poors

Standard and Poors is one of the 3 premier Credit Rating Agencies in the world.

What did the US Supreme Court rule in Furman v Georgia

In Furman vs. Georgia the court ruled that all existing death penalty laws violated the constitution.

V-cube 7 or megaminx

megaminx

What happens when the supply of a nonperishable good is greater than the consumer wants to buy

Either the price drops until the consumers are prepared to buy more, or supplier are left holding surplus stocks until replacement purchases clear these inventories.

No manufactured good is truly non-perishable, and so will eventually require replacement.

What are limited quantities of resources to meet unlimited wants

Scarcity

The main advantage of diversification as an investment policy is that it

Reduces risks to investors

How does a pension fund act as an investor

the company invests money collected from employers

In the financial system who are the borrowers

households, individuals, and businesses

The physical capital used by a woodworker to make furniture would include

saws and drills

When you own a mutual fund what exactly do you own

Mutual fund is a low risk investment. If you invest in a mutual fund, you owns shares of the mutual fund company who is selling you fund. But you do not actually own any underlying asset of the stocks or securities that mutual fund has invested in even they are using your money to invest.

What is the annual rate of return on a bond bought on the open market called

yield

Which of the following is a true statement about the call option

It is a way for investors to avoid paying a future higher price of a stock.

NOVANET

What markets in which money is lent for periods longer than one year

Capital markets

What is the market for selling financial assets that can only be redeemed by the original holder

Primary Market

Why would business owners want to invest in capital goods

because

What is a fund that pools the savings of many individuals and invests this money in a variety of stocks bonds and other financial assets called

mutual fund

What is a bank

The word bank can refer to:

  • a place where a person can borrow and place money or settle financial affairs
  • an individual branch office of such an institution
  • an edge of a river or some other watercourse
  • an elevation under the sea
  • the incline of an aircraft
  • an incline or hill as encountered by rail transport
  • a quantity of clouds on the horizon
  • a row or panel of items stored or grouped together
  • a row of contiguous keys on a computer keyboard
What kind of decision cannot be made at the margin

whether to spend your two-week vacation on the shore or in town

If a consumer is waiting to buy a sweater he or she found at a department store until after the holiday season which factor is most likely influencing the decision to wait

If a consumer is waiting to buy a sweater he or she found at a department store until after the holiday season, which factor is most likely influencing the decision to wait?

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