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Vocabulary 1
Vocabulary 2
Vocabulary 3
Vocabulary 4
Vocabulary 5
100
the total dollar number value of all final goods and services
What is GDP?
100
the movement of the economy from one condition to another and back again
What is Business cycle ?
100
a increase in the general level of prices.
What is Inflation ?
100
represents debt for an organization
What is Bond ?
100
the portion of people in the labor force who are not working
What is unemployment rate ?
200
another way to measure economic growth
What is GDP per capita?
200
A period in which most people want to work are working .
What is Prosperity ?
200
a number that compares prices in one year with some earlier base year
What is Price Index ?
200
a government may spend less than it takes in
What is Budget surplus ?
300
the production output in a relation to a unit of input
What is productivity ?
300
a period in which demand beings to decrease
What is Recession ?
300
a decrease in the general level of prices
What is Deflation ?
300
a government may spend more than it takes in
What is budget dificit ?
400
salaries and wages as well as investments income and government payment to individuals
What is personal income ?
400
a phase marked by prolonged of high uneployment
What is Depression ?
400
involve spending by businesses for items such as land
What is Capital projects ?
400
the total amount owned by the federal government
What is national debt ?
500
the sales of durable and nondurable goods bought by consumers
What is retail sales ?
500
the phase in which uneployment begins to decrease
What is Recovery ?
500
represents ownership in a corporation
What is Stock ?