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Fiscal
Policy
Business
Structures
Globalization
Investing
Something
Completely
Different
100
100
100
100
100
100
200
200
200
200
200
200
300
300
300
300
300
300
400
400
400
400
400
400
500
500
500
500
500
500
Monetary
Policy
Monetary policy is controlled
by this central body
A 100
The Federal Reserve
A 100
Over time money loses its
value. This concept is known
as what?
A 200
Inflation
A 200
School of economic thought
that promotes a “hands-off”
approach to the economy. It
will correct itself.
A 300
Classical Economics
A 300
The three “tools” of monetary
policy
A 400
Reserve Requirements,
Interest Rates, Buying/
Selling Gov’t Bonds
A 400
School of economic thought:
Spend your way out of a
deficit, raise taxes when the
economy is solid again
A 500
Keynesian Economics
A 500
Fiscal policy that results in a
growing economy
B 100
Expansionary Policy
B 100
Policy that is used to slow
down an economy
B 200
Contractionary Policy
B 200
The tax rate remains constant
even as income increases
B 300
Proportional taxes
B 300
Tax rate increases as income
levels increase
B 400
Progressive Taxes
B 400
There are few of this type of
tax in the world but many
excise taxes, like sales tax,
act as one.
B 500
Regressive Tax
B 500
A business that has one
owner/ operator
C 100
Sole Proprietership
C 100
Small businesses (few
owners, less than 20
employees) account for
roughly this percentage of the
businesses in America
C 200
75%-80%
C 200
Term applied to a partnership
where all the partners are
limited partners. They are
only liable for their own
actions.
C 300
Limited Liability Partnership
C 300
DAILY
Place A Wager
DOUBLE
C 400
A semi-independent business,
you pay a fee to a parent
company
C 400
Franchise
C 400
Corporations make up only
20% of the businesses in
America, but they make up
roughly this much of the sales
nationwide.
C 500
90%
C 500
Define Globalization
D 100
The growing interdependence
between nations’ economies
D 100
A company that may be based
in one country but has a
presence in many others
D 200
Multinational Corporation
D 200
NAFTA
D 300
North American Free Trade
Agreement
D 300
Policy that uses tariffs and
import barriers to save native
businesses/ industries
D 400
Protectionism
D 400
International organization
that monitors and exchange
rates and aides in
international trade
D 500
International Monetary Fund
D 500
A certificate that means you
own one share in that
company
E 100
Stock
E 100
A security that is made up of
various stocks, bonds and
other investments
E 200
Mutual Fund
E 200
The ability to convert your
investment to cash
E 300
Liquidity
E 300
Type of risk: Your investment
may be growing slower than
the rate of inflation
E 400
Inflation Rate Risk
E 400
While you are invested in one
thing, a better investment
may come along that you
miss out on
E 500
Time Risk
E 500
“Hey Bartdude!”
F 100
Otto Manz
F 100
“They’re not saying Boo, they’re
saying Boooo-urns.”
F 200
Wayland Smithers
F 200
“I’m Idaho!”
F 300
Ralph Wiggum
F 300
“Oh Puppy-goo-goo fetch me
a dream.”
F 400
Millhouse Van Houtten
F 400
“I’m in jail for a crime I
didn’t even commit! Ha!
Attempted murder. Do they
give the Nobel Prize for
attempted chemistry?”
F 500
Sideshow Bob
F 500
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