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GDP(Growth Domestic Product)
Labor Activities/Consumer Spending
Investment Activities
Classification of Economic Conditions
100
What is one of the GDP major catagories?
Inividual spending, Busniness Spending, Government Spending, Export & import
100
_________ ____ includes the people of the labor force that are un employed.
Unemployment Rate
100
Name one of the main three sources for which the money of capital projects come from
Personal Savings, Stock Market, Bond Maket
100
Name one of the four phases that make up an economic condition
Prosperity, recession, depression, recovery
200
What is GDP
Highly used measurment to determine a countries overall economic output.
200
_____ is how much is produced
Productivity
200
Buisnesses use money deposited in a ______ _____ account to buy equiptment or product for their business.
Personal savings
200
What is the unemployment rate is high and demand for products and services is lowering
Depression
300
GDP is a countrys total dollar value of all final goods and services produced in ______year.
One
300
Name one of the four fundementals that productivity depends on
Equiptment, technology, training, management
300
What do savers earn on money used by a companie or individuals.
Interest
300
Unemployment rate is lowering and deman for goods/services are increasing.
recovery
400
What is GDP per capita
output per person
400
_______ ______ includes the total wages and salaries plus investment income and govenment payment to individuals.
Personal Income
400
When a business obtaines higher earnings their value increases, which causes a demad for people to want to buy a business_____
stock
400
What is it when employment rate and demand for product and services are high
Prosperity
500
What is the GDP per capita formula
GDP/Total population
500
______ ________ includes the sales of goods and services purchased to indicate the spending patterns
Retail Sales
500
What does the Bond Market Make available for businesses and the government?
Money
500
What is it when unemployment rate is increasing and demands for goods/services are lowering?
Recession