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HACE 3100
Exam 3 study guide quesitons
39
Economics
Undergraduate 3
11/10/2010

Additional Economics Flashcards

 


 

Cards

Term
_____% of U.S. adults are overweight or obese
Definition
65%
Term
vitamin a:
Definition

  • plays a really big part in eyesight
  • great for night vision
  • helps you see in color
  • helps you grow properly and aids in healthy skin

Term
vitamin b
Definition

  • important in metabolic activity, meaning they help make energy and set it free when your body needs it 

Term
vitamin c
Definition

  • imporatnt for keeping body tissues (ie gums and muscles) in good shape
  • helps your body resist infection
  • makes it harder for your body to become infected with an illness

Term
vitamin d
Definition

  • keeps your bones and teeth strong
  • helps body absorb calcium

Term
vitamin e
Definition

  • maintains body's tissues (like in your eyes, skin, and liver)
  • protects lungs from being damaged by polluted air
  • important for the formation of red blood cells

Term
carbohydrates
Definition

  • used for energy
  • need energy for processes such as growth, repair, and movement
  • found in bread, rice, beans etc. 

Term
how many classes of nutrients are there? 
Definition

six

1) carbohydrates

2) lipids

3) minerals

4) proteins

5)vitamins

6) water

Term
average of $_______ per person/per year spent on food
Definition
$3,832
Term
true or false: low income families spend higher proportion of their income on food than high income families
Definition
true! 
Term
severe poverty is defined as:
Definition

half the federal poverty line

or less than $10,000 for a family of four

or less than $5,000 for a single person

Term
america ranks at or near the bottom of _____industrial nations for alleviating poverty and childhood poverty
Definition
31
Term
poverty guidelines are based on poverty _____ and are used to determine:
Definition

thresholds

if you qualify for public assistance

Term
food stamps are not paper money.....they allow people to buy food in the form of _____ cards
Definition
electronic benefit transfer cards
Term
a study showed that there are ______ times as many supermarkets in white neighborhoods than in black neighborhoods
Definition
4
Term
difference between a pull date and an expiration date: 
Definition

  • pull date: late day the product should be sold
  • expiration date: last day the product should be consumed! 

Term
england accounted for ___-% of all fast food 
Definition

25%

 

(UK has most fast food restaurants per person, followed by australia, then US)

Term
which state has the most mobile homes? 
Definition
south carolina 
Term
true or false: organic foods cost more than regular foods
Definition
true
Term
food irradiation
Definition
uses gamma rays, x-rays, or high-voltage electronics to kill potentially harmful substances in foods, such as bacteria
Term
obesity is the #__ cause of preventable death in the US
Definition
2
Term
1 out of ___ Americans live below the poverty line
Definition
8
Term
the number of people in the US who live in sever poverty
Definition

16 million americans

 

(there are 4 homeless encampments in Athens) 

Term
_____people do not have health insurance
Definition
46.6 million ~ (47 million)
Term
of teen pregnancies, ____of them are 17 or younger when they have their first pregnancy
Definition
half! shet....
Term
US pregnancy rates are ____as high as the next industrialized country
Definition
twice
Term
prohibition was the ____amendment
Definition
18th
Term
Al Capone was jailed for ______
Definition
TAX EVASION
Term
nearly _____ people in the US are in jail for drug charges, more than all of western Europe incarcerates for ALL offenses
Definition
half a million
Term
drinking while pregnant is bad because the baby metabolizes alcohol more ______, thus has a higher _____
Definition

slowly

BAC

Term
true or false: there is a 3-day grace period (cooling off period) for auto and housing contracts
Definition
false 
Term
house should cost no more than ____times your annual household gross income 
Definition
2.5 times 
Term
federal definition of an unaffordable burden: 
Definition
if you spend 30% of income on housing
Term
housing payments should be no more than _____% of your monthly income; housing+ other debt payments should be no more than ____%
Definition

28%

 

36% 

Term
base price of a car: 
Definition
cost of a car including standard equipment and factory warranty
Term

define equity: 

 

does it include 2nd mortgages?

Definition

current market value of home- outstanding mortgage balance

 

no 

Term
invoice price
Definition
the price the manufacturer charges the dealer
Term
credit cards are:
Definition
revolving and open-end
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