Explain government funding through the sale of Treasury Bonds to manage expenditures. Capital tools State the importance of saving and investment. Large scale enterprise Describe the necessity for markets. Labor List labor population characteristics. Define vocational choice.
Unemployment Identify the four types of unemployment.
List the causes of each of the four types of unemployment. The function of money List bank sources of deposits. The nation's money supply Define the reserve ratio. Bank organization and operation Discuss expansion of bank reserves. The Federal Reserve System Identify sources of bank reserves.