vocabulary and end of chapter
vocabulary and end of chapter
vocabulary and end of chapter
vocabulary and end of chapter
vocabulary and end of chapter
100
budget defecit
in contrast, a government may spend more then it takes in which is the result of ?
100
national debt
the total amount owed by the federal government is called?
200
budget surplus
when a government spends less than it takes it is a result of ?
200
stock
What represents the ownership that an individual may have in a cooperation?
200
bonds
what represents debt for an organization?
300
capital projects.
what involves spending by businesses for items such as land, buildings, equipment, and new products?
300
a number that compares prices in one year with some earlier base year.
what is a price index?
400
deflation means a decrease in the general level of prices
describe deflation?
400
inflation
what is the problem that most nations have to cope with?
400
recovery is the phase in which unemployment begins to decrease, demand for goods and services increases, and GDP begins to rise again.
what is recovery?
500
depression is a phase marked by a prolonged period of high unemployment, weak consumer sales and businesses failures.
describe depression?
500
demands begin to decrease and businesses lower production also GDP slows for two or more quaters
What goes on in a recession?