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Business, 05.04.2021 20:10 lwilliams28
1: Compare the 3 main types of markets(Stock, Bond, Commodities), and give an example of how each could function.
2: State one risk and one benefit of being a stockholder.
3: Explain the three functions of money.
4: Explain the basic way that the "Fed" influences the money supply in the United States.
5: In any market, the idea or goal is to buy the stock, bond, or commodity while it is and then sell it when it's value is .
6: Compare and contrast the terms "Fiat Money" and "Commodity Money".
7: What is a barter system? Give an example.
8: Explain the term "Fractional Reserve".
9: Almost everything in economics can be traced back to the law of supply and demand, which states what?
10: Explain the term "Opportunity Cost" and provide an example.
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