Economics
the general rise in prices throughout an economy?
what is inflation?
the activities involved in buying and selling goods on a large scale
what is commerce?
a system and marketplace for buying and selling stocks
What is a Stock Market?
the general decline in prices throughout an economy?
what is deflation?
the tax and spending decisions made by the president and Congress
what is Fiscal Policy?
a certificate of debt issued by an organization or government
What is a Bond?
the amount a borrower pays to a lender for a loan?
what is interest?
a market structure with one business that has complete control of a market’s entire supply of goods or services
Lowest stage of a business cycle
What is a Trough?
the people in a nation who are capable of working and want to work
what is Labor force?
what promotes fair trade and competition among businesses?
What is Antitrust laws?
the supply of money and interest rates by a central bank in an economy
What is Monetary Policy?
the percentage of the civilian labor force that is unemployed
what is Unemployment rate?
when a lower price is the main reason for customers to buy from one business over another it is called?
When two or more businesses work together to remove their competition
What is Collusion?