Wednesday, March 7, 2012

Vocab 2

 Risk- Risk is the chances you have of losing money on a stock
I invested in a new company with a large risk. I lost $30,000 dollars

Overhead Expense- Permanent costs; expenses that will always be there.
Because my father owns the Napa store, he has the overhead expense of rent and utilities.

Production Cost- the amount of money it takes to make a product to be sold
For a PS3 to be made, equipment, labor, and resources have to be paid for.

 Budget Deficit- Spending more money than you make.
The U.S. has been in a Budget Deficit ever since the Clinton Administration ended

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