Final Test Finance and Economy

An …………………is the amount of interest due per period.

…………………….. is a general rise in price level relative to available goods resulting in a substantial and continuing drop in purchasing power in an economy over a period of time.

An…………………. is the rate at which one currency will be exchanged for another.

The …………. is the number of people who are employed plus the unemployed who are looking for work.

A ………………. is a government measure that is intended to encourage individuals and businesses to spend money or to save money by reducing the amount of tax that they have to pay.

…………….. refers to both a body of non-elected government officials and an administrative policy-making group.

…………………………… is the monetary value of all finished goods and services made within a country during a specific period.

The ………………. is the share of the labor force that is jobless, expressed as a percentage.

……………………refers to the investment in domestic companies and assets of another country by a foreign investor.

a price from someone for a service rendered or goods is known as

something pledged as security for repayment of a loan is called

an extension of credit from a lending institution when an account reaches zero.

a financial accounting tool used to measure the profitability of a business before deducting taxes.

the ratio between turnover and profit, in other words, what percentage of turnover remains as profit for the company

the action or process of investing money for profit or material result

using historical data as inputs to make informed estimates that are predictive in determining the direction of future trends.

the aggregation of buyers and sellers of stocks

money that is owed or due

a part or portion of a larger amount which is divided among a number of people

the total amount of money being transferred into and out of a business

a useful or valuable thing

a payment made to a professional person or to a professional or public body in exchange for advice or services

do not have enough money to pay their debts

a distribution of profits by a corporation to its shareholders.

a formal promise or assurance that certain conditions will be fulfilled, especially that a product will be repaired or replaced if not of a specified quality and durability

means a guarantee or promise which provides assurance by one party to the other party that specific facts or conditions are true or will happen

the value of the shares issued by a company

Expend money with the expectation of achieving a profit or material result by putting it into financial plans

A business cycle contraction when there is a general decline in economic activity

Gross profit or profit after deducting cost of goods sold from sales is the first profit level in an income statement.