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9th grade econ exam part 2

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9th grade econ exam part 2

	1.	Ownership	A.	The difference between revenues and the costs entailed in producing or selling a good or service; it is a return for risk-taking
	2.	Profit	B.	The right to use something and enjoy its benefits
	3.	Risk	C.	It has four different stages. Expansion, when the business is expanding; Peak, when the business has reached its highest level of expansion; Contraction, which is the resverse of expansion; and Trough, which is the opposite of peak
	4.	Stock	D.	Technically it means whatever is left over after taxes. But regular people use this term to refer to money they can spend when all their bills are paid
	5.	Business cycle	E.	A share of ownership in a company. Owners receive part of the company’s profits or bear some of its losses up to the amount of money they put into it
	6.	Trade	F.	Exchange one thing in order to get another thing. Usually people and civilizations do this when they have too much of something and need some other things that they are unable to make or produce or don’t have enough of
	7.	Diversification	G.	To keep track of exactly how much money is coming in and exactly how much money is going out
	8.	To budget	H.	Don’t put all your eggs in one basket. It is a key concept in investment. It may help you avoid bankruptcy
	9.	Disposable income	I.	The chance of losing money. It is the opposite of safety

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9th grade econ exam part 2

B	1.	Ownership	A.	The difference between revenues and the costs entailed in producing or selling a good or service; it is a return for risk-taking
A	2.	Profit	B.	The right to use something and enjoy its benefits
I	3.	Risk	C.	It has four different stages. Expansion, when the business is expanding; Peak, when the business has reached its highest level of expansion; Contraction, which is the resverse of expansion; and Trough, which is the opposite of peak
E	4.	Stock	D.	Technically it means whatever is left over after taxes. But regular people use this term to refer to money they can spend when all their bills are paid
C	5.	Business cycle	E.	A share of ownership in a company. Owners receive part of the company’s profits or bear some of its losses up to the amount of money they put into it
F	6.	Trade	F.	Exchange one thing in order to get another thing. Usually people and civilizations do this when they have too much of something and need some other things that they are unable to make or produce or don’t have enough of
H	7.	Diversification	G.	To keep track of exactly how much money is coming in and exactly how much money is going out
G	8.	To budget	H.	Don’t put all your eggs in one basket. It is a key concept in investment. It may help you avoid bankruptcy
D	9.	Disposable income	I.	The chance of losing money. It is the opposite of safety

© 2016 PuzzleFast.com, Noncommercial Use Only