How can a graph be used to determine the break-even point
🔄 Click to see definition
Definition1/18
Draw graphs of cost per item and revenue per item. In general,
the first graph will start above the second but the second will
have a steeper slope. As a result, the revenue per item may cross
the cost graph and that is the break-even point.
🔄 Click to see term
Term1/18
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
🔄 Click to see definition
Definition1/18
it has weakened
🔄 Click to see term
Term1/18
When does a trade surplus occur
🔄 Click to see definition
Definition1/18
When a country exports more goods then it imports
🔄 Click to see term
Term1/18
What best describes market prices that change often and to a great degree with dramatic spikes and plunges
🔄 Click to see definition
Definition1/18
Volatile is the word that best describes market prices that
change often and to a great degree with dramatic spikes and
plunges.
🔄 Click to see term
Term1/18
Why will the baby-boomer generation be a potential problem for government spending
🔄 Click to see definition
Definition1/18
the ratio of workers to retirees will be low, which will lower
the income tax base from which to fund Social Security
🔄 Click to see term
Term1/18
Which is not considered an entitlement payment
🔄 Click to see definition
Definition1/18
income tax refund
🔄 Click to see term
Term1/18
Which term best describes the rate at which a country's currencies convert to other currencies
🔄 Click to see definition
Definition1/18
exchange rate
🔄 Click to see term
Term1/18
What occurs when expenses are greater than revenue
🔄 Click to see definition
Definition1/18
loss
🔄 Click to see term
Term1/18
What does acquired 100 shares mean
🔄 Click to see definition
Definition1/18
Generally speaking the phrase of "acquired 100 shares" means
that a person has purchased 100 shares of a corporation's
stock.
🔄 Click to see term
Term1/18
Is a portrait of the corporation over a specific period of time which shows the corporation's earnings and expenses
🔄 Click to see definition
Definition1/18
profit and loss statement.
🔄 Click to see term
Term1/18
Which of these is not an advantage of the foreign production of goods
🔄 Click to see definition
Definition1/18
Tighter Regulations.
🔄 Click to see term
Term1/18
Which term best describes the difference between incomes and receipts whereas the receipts are the greater amount
🔄 Click to see definition
Definition1/18
deficit
🔄 Click to see term
Term1/18
What is a trade surplus
🔄 Click to see definition
Definition1/18
country export more than they import
🔄 Click to see term
Term1/18
Which term describes the amount of money the nation owes
🔄 Click to see definition
Definition1/18
Debt
🔄 Click to see term
Term1/18
Of the following which term covers a wide range of government promises of financial benefit to particular persons who meet certain criteria
🔄 Click to see definition
Definition1/18
entitlements A+
🔄 Click to see term
Term1/18
Choose the best meaning for this suffix. -phobia
🔄 Click to see definition
Definition1/18
The meaning is "fear of".
🔄 Click to see term
Term1/18
As previously underdeveloped nations begin to compete in the global market, which of the following has occurred
🔄 Click to see definition
Definition1/18
increase in energy usage, causing higher prices
🔄 Click to see term
🥳
Great job!
You studied all the cards in this guide.
Rate this guide:
☆★☆★☆★☆★☆★
Start overPrint
Full screen
Rate this Study Guide:
☆★☆★☆★☆★☆★
Cards in this guide (18)
What are the two types of expenses
fixed expenses and variable expenses
How can a graph be used to determine the break-even point
Draw graphs of cost per item and revenue per item. In general,
the first graph will start above the second but the second will
have a steeper slope. As a result, the revenue per item may cross
the cost graph and that is the break-even point.
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
it has weakened
When does a trade surplus occur
When a country exports more goods then it imports
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
Which is not considered an entitlement payment
income tax refund
Which term best describes the rate at which a country's currencies convert to other currencies
exchange rate
What occurs when expenses are greater than revenue
loss
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.
Is a portrait of the corporation over a specific period of time which shows the corporation's earnings and expenses
profit and loss statement.
Which of these is not an advantage of the foreign production of goods
Tighter Regulations.
Which term best describes the difference between incomes and receipts whereas the receipts are the greater amount
deficit
What is a trade surplus
country export more than they import
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".
As previously underdeveloped nations begin to compete in the global market, which of the following has occurred