Economics Study Guide
FILL IN THE BLANK
Scarcity
Standard of Living
Productivity
Specialization
Division of Labor
Consumerism
Tariff
Quota
Currency
Inflation
MATCHING
Consumer Price Index
Gross Domestic Product
Consumer Product Safety Commission
Federal Communications Commission
Securities and Exchange Commission
Food and Drug Administration
Federal Trade Commission
Occupational Health and Safety Administration
United Nations
World Bank
International Monetary Fund
NAFTA
European Union
Capitalism
Free Enterprise
MULTIPLE CHOICE
4 Factors of Production
Cost Benefit Analysis
3 Sectors of the Economy
Economic Interdependence
Disposable Income
3 Types of Businesses (Advantages/Disadvantages)
US Corporate Tax Rate
US GDP in 2009
4 Responsibilities of Businesses
Appropriations Bill
Progressive Tax
Regressive Tax
Income Tax
Payroll Tax
4 reasons governments run deficits
3 types of financial institutions
Federal Reserve System and its functions
Opportunity Cost
Market Economy
Comparative Advantage
5 rights of consumers
Discretionary Income
Arbitration
Philanthropy
Entitlement Programs
Monetary Policy
Fiscal Policy
Wikileaks
Carnivore System
Patriot Act
Intellectual Property
Copyright
Global Interdependence