Subject |
Date Published |
Contributer |
Language |
Total Questions |
File Name |
Finance |
14th February 2009 |
Bill Bowers |
USA |
25 |
wbe24.zip |
Right click and select "Save File as" |
|
Nemo James - Singer Songwriter
aggregate demand |
The total quantity of goods and services demanded |
capital |
Items used to produce goods and services such as machinery, money, and tools |
capitalism |
An economic system characterized by private ownership of resources, profit motive, competition, and market systems |
consumer price index |
A stat used to measure changes in the level of prices |
deficit budget |
When the government spends more money than it collects in income for one year |
demand schedule |
A table that shows how much of a product consumers will demand at various possible prices |
depression |
A major decline in business activity that lasts for more than 6 months characterized by high rates of unemployment |
economics |
The social science that studies how human societies use scarce resources to satisfy unlimited wants |
factors of production |
The resources needed to produce goods and services such as land, labor, capitol, and the entrepreneur |
fiscal policy |
The government's adjusting taxation and government spending to influence changes in the economy |
gross domestic product |
The dollar value of all finished goods and services produced within the nation's boundaries within one year |
gross national product |
The dollar value of all finished goods and services produced within the nation's boundaries and the foreign sector within one year |