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5 Written questions

5 Matching questions

  1. credit union
  2. dividend
  3. euro
  4. demand curve
  5. economic system
  1. a non profit service cooperative that accepts deposits, makes loans, and provides other financial services
  2. b organized way a society provides for the wants and needs of its people
  3. c graph showing the quantity demanded at each and every possible price that might prevail in the market at any given time
  4. d single currency of European Union
  5. e check paid to stockholders, usually quarterly, representing portion of corporate profits

5 Multiple choice questions

  1. prohibition on the export or import of a product
  2. person or institution to whom money is owed
  3. spending for federal programs that must recieve annual authorization
  4. GDP measured in current prices, adjusted for inflation
  5. relaxation or removal of government regulations on business activities

5 True/False questions

  1. double taxationdecrease in the general level of the prices of goods and services


  2. corporationform of business organization recognized by law as a seperate legal entity with all the rights and responsibilities of an induvidual, including the right to buy & sell property, enter into legal contracts, and be sued


  3. disposable personal incomepersonal income less induvidual income taxes; total income available to the consumer sector after income taxes


  4. voluntary exchangeact of buyers and sellers freely and willingly engaging in market transactions;characteristic of capitalism and free enterprise


  5. easy money policysocial science dealing with the study of how people satisfy seemingly unimited and competing wants with the careful use of scarce resources