2-1
2-2
2-3
2-1
2-2
100
GDP Does not include the value of the work you do for yourself, such as cutting your own lawn or building a picnic table for your such as cutting your own lawn or building a picnic table for your
What is The Type Of Economic Activities Are Not Included In GDP?
100
True
Deflation Results In Lower Buying Power Of Money.
100
Personal Income
What is An Individual's Total Earnings From Wages, Investment Enterprises, And Other Ventures.
100
Depression
What is may be described as feeling sad, blue, unhappy, miserable, or down in the dumps.
200
Productivity Is The Production Output In Relation To A Unit Of Input, Such As A Worker. Some Ways To Improve Productivity Are Equipment And Technology, worker training and management Techniques can result in more output per worker.
What are Ways To Increase Productivity?
200
Gross Domestic Product
What is The Market Value Of All Officially Recognized Final Goods And Services Produced Within Ah’ Country In A Given Period Of Time.
200
Retail Sales
What is Of Goods And Services From Individuals Or Businesses To The End-User. Retailers Are Part Of An Integrated System Called The Supply Chain.
200
Recovery
What is The Phase In Which Unemployment Begins To Decrease.
300
The Main Source Of Personal Income Is A Salary Or Wages As Well As Investment Income And Gov’t Payments To Individuals
What is The Main Sources Of Personal Income?
300
GDP Per Capita
What is Another Way To Measure Economic Stress
300
Business cycle
What is The recurring and fluctuating levels of economic activity that an economy experiences over a long period of time.
300
Inflation
What is a rise in the general level of prices of goods and services in an economy over a period of time.
400
The first phase of the business cycle is prosperity; is a period in which most people who want to work are working, businesses produce goods and services in record numbers, wages are Goods and the GDP rate growth increases. Then recession is next which is a period in which demand begins to decrease, businesses Lower production, unemployment begins to rise. Depression is a phase marked by a prolonged period of high unemployment, weak Consumer sales and business failures.
What is The Four Phases Of The Business Cycle?
400
Unemployment Rate
What is The Percentage Of The Total Labor Force That Actively Seeking Employment And Willing To Work.
400
Prosperity
What is the state of flourishing, thriving, good fortune and / or successful social status.
400
Price index
What is a Number That Compares Prices In One Year With Some Earlier base Year
500
One Type Of Inflation occurs when the demand for goods and Services is greater then the supply. When a large supply of money earned or borrowed, is spent for goods that are in short supply, The first phase of the business cycle is prosperity; is a period in
What is The Main Causes Of Inflation
500
Productivity
What is Ah’ Ratio Of Production Output To What Is Required To Produce It
500
Recession
What is a business cycle contraction, a general slowdown in economic activity.
500
Budget Surplus
What is Gov’t May Reduce Taxes Or Increases Spending On Various Programs.