GDP
Business Cycles
Finance
Perfect Competition
Regulation & Deregulation
100
The Study of Economy as a whole
What is Macroeconomics
100
The lowest stage of economic activity
What is a trough
100
The use of income for future benefit
What is an investment
100
when only one seller controls a market and product in which there are no close substitutes
What is a monopoly
100
The joining of two firms to form a single firm
Merger
200
G+I+G+N
What is the formula for calculating GDP
200
an economic contraction lasting for at least two quarters
What is a recession
200
An institution that collects funds from savers and invests them
What is a Financial Intermediary
200
A group that acts together to set prices and limit output
What is a cartel
200
When businesses agree to set prices for competing purchases
What is price fixing
300
Unsold Goods
What is Inventory Investment
300
when prices rise while businesses struggle
What is stagflation
300
The interest rate of a bond holder
What is a coupon rate
300
The name for a firm that does not have to consider competitors when setting the price of its products
What is a Price Maker
300
This reduces and or removes government control over a business
what is Deregulation
400
This states GDP in terms of current value of goods and services
What is Nominal GDP
400
the sum of all the supply in an economy
What is Aggregate Supply
400
This measures and reports the change in prices of a set of stocks
What is a Stock Index
400
Something that makes market entry difficult for other firms
What is Barrier Entry
400
This is when businesses divide a market amongst themselves
What is Market Allocation
500
The output of these are not measured
What is nonmarket activity
500
Aggregate Demand = Aggregate supply
What is Macroeconomic Equilibrium
500
the amount that a bond issuer must pay at maturity
What is par value
500
This occurs when costs of production are lowest with only one firm
What is a Natural Monopoly
500
This requires a firm to stop an unfair business practice
What is the Cause & Desist Order
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