Free Economics Flashcards about 12 ECON Vocab 9

12 ECON Vocab 9 study material for Vocab CH 9 Economics – Ponder Term Definition payroll withholding system system requiring employers to deduct income taxes from employees' paychecks and send it directly to the government sin tax relatively high tax on socially undesirable products, such as tobacco property tax tax on tangible and intangible possessions, […]

Continue Reading....

Free Economics Flashcards about 12 ECON Vocab 6

12 ECON Vocab 6 study material for economics vocab CH 6 – Ponder Term Definition shortage quantity demanded is greater than quantity supplied deficiency payment check sent to producers that makes up the difference between the actual market price and the target price price monetary value of a product surplus quantity supplied is greater than […]

Continue Reading....

Free Economics Flashcards about 12 ECON Vocab 12

12 ECON Vocab 12 study material for economics vocab CH 12 – Ponder Term Definition current yield percent of return paid on an investment money market market where money is loaned for periods of less than one year financial asset claims to property or income such as a bank deposits Stockbroker person who buys or […]

Continue Reading....

Free Economics Flashcards about 12 ECON Vocab 10

12 ECON Vocab 10 study material for Economics CH 10 Vocab – Ponder Term Definition distribution of income how income is allocated among individuals, families, and other groups in the economy appropriations bill act of Congress that authorizes federal agencies to spend money federal budget deficit situation in which federal spending exceeds revenue public sector […]

Continue Reading....

Free Economics Flashcards about SALTBJUEcon2

SALTBJUEcon2 Study Helps for Econ Test 2 Question Answer Economic model a simplification of how factors in the environment affect choices tabular model table or chart explaining the relationships between pairs of variables; also called a schedule schedule table or chart explaining the relationships between pairs of variables; also called a tabular model line graph […]

Continue Reading....

Free Economics Flashcards about Econ5

Econ5 Study help for Econ Test 5 Question Answer What term denotes the total dollar value of all final goods and services produced by a nation in one year? gross national product DEFINITION: another name for gross private domestic investment (GPDI) business investment DEFINITION: goods that have a life expectancy of more than one year […]

Continue Reading....

Free Economics Flashcards about math vocab

math vocab study guide words Term Definition relation a set of ordered pairs function a relation if each x value was paried with only one varible independent variable a variable that you can control dependent varible what you measure during an experiment and what is effected during the experiment input x value output y value […]

Continue Reading....

Free Economics Flashcards about MS 2220 Exam 1

MS 2220 Exam 1 Study Guide for Exam 1 Question Answer The rate of economic growth is a topic of microeconomics False the aggregate price level is a topic of macroeconomics True Resources are unlimited in a wealthy society False, resources are ALWAYS limited The value of the best alternative forgone is the opportunity cost […]

Continue Reading....

Free Economics Flashcards about AP Final flashcards

AP Final flashcards study cards for final exam Term Definition Price floor A government or group imposed price control or limit on how low a price can be changed for a product. Unemployment The state of being unemployed Underemployment Workers that are highly skilled Structural employment A longer-lasting form of unemployment cause by fundamental shifts […]

Continue Reading....

Free Economics Flashcards about State and Local Gov.

State and Local Gov. Term Definition Governor leader of the executive branch in Virginia Lieutenant Governor second in command to the governor and presides over the Senate Attorney General the lawyer for the Commonwealth of Virginia Virginia General Assembly the legislative branch of Virginia's General Assembly House of Delegates the lower house is Virginia's General […]

Continue Reading....