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Economics

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Era Boyer

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Cards in this guide (19)
What describes how a fixed-rate mortgage works

The monthly payment on a fixed-rate mortgage never changes.

Using an amortization table gives you information about what

A loan.

Maintaining a good credit history makes it easier to do what

Get a loan

Put the phases of the business cycle in the correct order in which they follow a recession

Depression

Recovery

Boom

Recession

How has the Internet benefited the economy

By improving communication and allowing greater trade and specialization

Economics is about the production of goods and services which requires the allocation of what

Resources

What is the purpose of the required reserve ratio

. To make sure banks have enough money on hand to meet customers' withdrawal requests

This is incorrect. Fractional Reserve Banking is the Instrument by which Banks lend money against your signature and only need 10% of the funds on hand to do so. They create 90% of the funds out of thin air. It is virtually legalized counterfeiting. Then they have the nerve to charge you interest on this money they created from nothing. Anybody who accepts this as a good idea is insane. If you don't believe me there are many you tube videos on the subject. An excellent place to start is "The Four Horsemen" featuring testimony from people such as the ex chief economist from the World Bank.

Which of these is most likely to lead to a decrease in the price of a good

Demand decreases and supply remains the same would lead to a decrease in the price of a good.

Which of these is the Fed not able to do

Prevent a budget deficit

Match each type of tax with an example of its use apex

Though answer choices weren't listed I found an example. Sin tax would be 10 percent on gambling winnings. Income tax would be 20 percent tax on wages that are earned. Excise tax would be thirty cent tax on a gallon of gasoline. Consumption tax would be 9 percent tax on the sale of luxuries.

Consumers can use lobbying to accomplish what

To get the government to pass new laws

Features of business organisations

features of business organization

Help you match each author with correct era

You can match authors with the correct era by visiting your local library. A librarian can help you find all you need to know about each author and their works.

Which one of these describes a situation in which people have to pay a deductible

When their insurance policy only covers part of a medical expense.

What is one primary concern for socially responsible consumers

Sustainability

Apex:)

Which of the following is an example of a risk behavior

Chewing tobacco

What health consequence is most likely to result from a diet high in saturated fats and refined sugars

heart disease

True or false a person who exercises self decipline is taking a step toward improving his or heath

Most likely. Self-discipline is necessary for almost any endeavor you would choose to do.

Match each of the terms below with an example that fits the term.

Idk

I dont know

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