History Quiz / Econ Vocab Final Review

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Can you name the Econ Vocab Chapters 8-11?

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higher then normal interest rates and diminished access to find capital faced by private investors when government increases its borrowing in financial markets
arrangement under which workers must join a union after being hired
special account used to hold revenues designed for a specific expenditure such as social security, medicare, or highways
situation in which the outcome is not certain, but the probabilities can be estimated
seemingly invisible barrier; hinders advancement of women and minorities in a male-dominated organization
the dollars that become available for investors to use when others save
per person basis; total dividend by population
arrangement under which workers have the option to join a union after being hired
program of benefit using established eligibility requirements to provide health, nutritional, or income supplements to individuals
12 month financial planning period that may not coincide with the calender year; October 1 to September 30 for the federal government
arrangement under which workers must join a union before they are hired; usually illegal
payment for which the government receives neither goods nor services in return
spending for federal programs that must receive annual authorization
stocks that represent ownership shares in coroporations
profits from the sale of an asset held for 12 months or longer
union-organized work stoppage designed to gain concessions from an employer
limits on annual discretionary spending
period during which stock market prices move down for several months or years in a row
wage scale paying newer workers a lower wage then others already on the job
court order issued to prevent a company or union from taking action during a labor dispute
exceptionally risky bond with a Standard and Poor's rating BB or lower that carries a high rate of return as compensation for the higher possibility of non-payment
bond, often tax exempt, issued by state and local governments, known as munis
labor union whose members perform different kinds of work in the same industry
dollar amounts or prices that are not adjusted for inflation
institution that channels savings to investors; banks, insurance companies, savings, and loan associations, credit unions
state law making it illegal to require a worker to join a union
annual budget in which expenditures equal revenues
lowest legal wage that can be paid to most workers
international revenue service; branch of Treasury Dept that collects taxes
period during which stock market prices move up for several months or years in a row
federal spending authorized by law that continues without the need for annual approvals of Congress
annual plan outlining proposed expenditures and anticipated revenues
annual government spending in excess of taxes and other revenues
network of savers, investors, and financial institute that work together to transfer savings to investment uses
transfer payment from one level of government to another not involving compensation
legalization authorizing spending for certain purposes

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