Labor
Taxes
GDP
Unemployment and Inflation
Inflation
100
Semiskilled labor
What is workers who have the skills to operate machines and who require a minimum amount of training are?
100
Simplifies the tax process.
What is the flat tax?
100
CPI
What is an index that reports on price changes for about 90,000 godds and services?
100
Cyclical unemployment.
What is unemplyment that is directly related to swings in the business cycle?
100
Consumers cause this kind of inflation.
What is demand-pull theory?
200
Professional labor
What is workers with knowledge-based education and managerial skills?
200
Progressive tax.
What is the more you earn the more you pay?
200
Taken every ten years.
What is the census.
200
Extended expansions alternating with brief recessions.
What is the business cycle since World War II?
200
A shift from married-couple families to single-parent families, a shift in employment from the manufacturing to the service industry, a decline in unions.
What is the growing income gap?
300
Unskilled labor.
What is a ditch digger?
300
Enlarges the tax base.
What is economic growth benefits the government?
300
Group was born between 1946 and 1964.
What are baby boomers?
300
Structural unemployment.
What is changes in technology and changes in consumer taste?
300
An increase in the price level, as measured by a price index, such as the CPI, over a given period of time.
What is calculating Inflation?
400
Skilled labor.
What is vocational training?
400
Less than 2 percent of the nation's wealth.
What is the forty percent of the population with the lowest income controls?
400
Consumer sector.
What is largest sector of the economy?
400
Workers cost this inflation.
What is cost-push theory?
400
Calculating the percentage from one price level to another.
What is Inflation?
500
Traditional theory of wages.
What is the theory that wages are based on the supply and demand for a worker's skills?
500
A boost in economic growth of other nations, an increase in employment, an increase in the standard of living.
What is the benefits of long-term economic growth?
500
The F in GDP.
What is the difference between the dollar value of goods sent abroad and goods purchased from abroad?
500
Earn less than 2 percent of the nation's wealth.
What is forty percent of the population withthe lowest income controls?
500
The amount of money in the economy is growing at a faster rate than the quantity of goods and services produced in the economy.
What are causes of inflation?
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