Nobel prize 2024 recording
The state of being successful, especially economically.
Prosperity
What is the name of the collocation that means to produce, suggest, or invent an idea, plan, or solution by thinking of it?
come up with
What does GDP stand for?
Gross Domestic Product
Say an economic metaphorical term for meaning to learn how something is done — to understand the basics and procedures well enough to work confidently
Learn the ropes
Do you know the term that means takeover, the purchase of one company by another? The first letter is a_____________
acquisition
A political approach aiming to represent ordinary people.
Populism
What is the name of the collocation that means gaining control over the supply of a particular product or asset to such an extent that you can manipulate its price, either by controlling supply or by controlling the market?
corner the market
What does the abbreviation GP mean?
Gross Profit
Say an economic metaphorical term for meaning - the first signs of an improvement in an economy that is performing badly
Green shoots
E....... i.......... are economic and political systems designed to benefit a small elite at the expense of the majority. They concentrate power and resources in the hands of a few, limit property rights and individual freedoms, and discourage innovation and broad participation in the economy.
Extractive institutions
The process of diminishing the credibility or authority of an institution.
Delegitimization
What is the name of collocation that means deciding the way to do something in the future?
plan a strategy
What does HQ stand for?
Headquarter
Say an economic metaphorical term for manual work or workers, particularly in industry.
blue-collar
S......p........means a characteristic of a product or service that makes it attracitve to customers.
Selling point
The ability to negotiate terms in a transaction or discussion.
Bargaining power
What is the name of the collocation that means to agree to do something difficult?
take on challenges
What does PPP stand for?
Purchasing Power Parity
Say an economic metaphorical term that describes how individuals pursuing their own self-interest can, unintentionally, benefit society as a whole through market-based actions.
invisible hand
A __________ is when two or more companies combine to form one new legal entity, often to pool resources, gain market share, and achieve economies of scale
merger
What is the name of the center founded by Daron Acemoglu, Simon Johnson, and David Autor?
Shaping the Future of Work
What is the name of the collocation that means the method used to integrate a new employee into an organization, helping them learn their role, understand the company culture, and become a productive and integrated member of the team
onboarding process
What does CET stand for?
CENTRAL EUROPEAN TIME
Say an economic metaphor that describes a time when stock prices are declining and market sentiment is pessimistic.
bear market
J______ h_______ means the practice of moving from job to job very often.
job hopping