What does #2 Represent?

What does #3 Represent?

What does #4 Represent?

In December of 2019 (before COVID), where were we on the business cycle?

If you could buy stocks for investing in the stock market, when is the best time to buy?

Under which type of tax do people with higher incomes pay a higher percentage of tax?

Under which type of tax do all individuals pay the same percent of their income?

Under which type of tax do people with lower incomes pay a higher percent in taxes than those with higher incomes?

Which type of tax is the USA Federal Income tax?

Which type of tax would be a Toll Road tax (everyone pays the same dollar amount)?

What would happen if someone decided not to pay taxes?

What effect will a deficit budget have on the national debt?

What is the current debt of the United States (Approx.)?

Inflation in excess of 500 percent per year is called?

Unemployment due to a recession.

Billy lost his job when the factory replaced it with new technology. The Factory posted a new position as Software engineer. Billy lacks these skills. What type of Unemployment?

Jeff quit his job to look for a new one, but is currently unemployed. Which type?

Eddie worked all Summer in construction jobs. During the winter months no one is working in his industry. Eddie is unemployed. Which type?

Currency that has value itself is:

Money that can be converted into gold or silver.

Money that has value because the government says it does and people believe it.

When calculating GDP, what does the "I" mean?

If you buy your neighbors 2018 Ford Truck, will this purchase be included in this year's GDP?

If a country has more imports than exports in a year, what is true about their net-exports?