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.

Grey company holds an overdue note receivable of $800,000 plus recorded accrued interest of $64,000. the effective interest rate is 8%. as the result of a court-imposed settlement on december 31, year 3, grey agreed to the following restructuring arrangement: reduced the principal obligation to $600,000.forgave the $64,000 accrued interest.extended the maturity date to december 31, year 5.annual interest of $40,000 is to be paid to grey on december 31, year 4 and year 5. the present value of the interest and principal payments to be received by grey company discounted for two years at 8% is $585,734. grey does not elect the fair value option for reporting the debt modification. on december 31, year 3, grey would recognize a valuation allowance for impaired loans of

Afarmer is an example of what kind of producer?

Richard is one of the leading college basketball players in the state of florida. he also maintains a good academic record. looking at his talent and potential, furman university offers to bear the expenses for his college education.