Supply & Demand
Exchange of Goods
1

It is the shortage of supply.

Scarcity

1

It is the process of sending products to other countries.

Exportation

2

These two things contribute to the demand factor of economics.

Needs and wants

2

It is the percentage of population with certain number of people who belong to poor.

Poverty rate

3

If both the supply and demand are low, what is the effect on the price?

Nothing/Status Quo

3

In the formula of Gross Domestic Product in macro perspective, Y = C + I + G + NX, the NX stands for...?

Net Exports