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ECONOMICS FINAL REVIEW

Teacher: BULL
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Across
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quick and easy access to cash
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guarantees 10% return annually
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focus on only a few goods (ex. Scotty Bobs, skis
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only provides coverage for a specific period of time.
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the amount of money you pay before your insurance covers you.
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bank will cover mistakes for a fee
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total value of goods and services
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North Korea
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leads to economic failure
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a place where the FDIC protects money
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when you are physically unable to go to work, you can still get paid by this type of insurance
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what your interest is going to cost you on an annual basis
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a way of buying into a company and making a long term profit
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sends money to banks to support loans
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pay directly from your checking
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the longer the money stays in the +/- interest will double
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China – no change
Down
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taxes on imports such as cars which boost our economy
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protects you if somebody gets hurt on your property
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best way to accumulate wealth
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wrote the Weath of Nations in 1776
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shows economic health of a country
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can never be eliminated
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a tax included in the Federal Insurance Act
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the way the government borrows government
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doubling
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make sure companies are honest