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Stock Graph
Supply and Demand
Definitions
Macroeconomics
Unit 4
100
Stocks go up.
What is increase?
100
Demand increases so does...
What is supply?
100
Paper currency issued by a country's central bank
What is bank note?
100
Common measure of a country's output
What is GDP
100
Amount of people working.
What is work force?
200
Best time to buy or sell.
What is sweet spot?
200
Number between 0 and 1.
What is inelastic coefficent?
200
Anything that is owned by a business, company, or government
What is asset?
200
Quantity and quality of goods and services that people are able to obtain to accomadate their needs and wants
What is standard of living? :)
200
Eliminates short-term or seasonal fluctuations
What is seasonally adjusted rate?
300
Economic downturn followed by recovery followed by further downturn.
What is double dip?
300
Coefficient greater than 1.
What is elastic coefficent?
300
An economy characterized by private ownership of business and industry, the profit motive, and free markets.
What is capitalism?
300
Tracks inflation
What is CPI?
300
Direst result of structural change in the economy.
What is structural unemployment.
400
Straight line on stock graph.
What is resistance?
400
Coefficient is equal to 1.
What is unitary coefficient?
400
A theoretical unit of satisfaction that a person gains from consuming an item
What is util?
400
Total vlaue of the output of an economy before the effect of price increases is removed.
What is nominal GDP? ^.^
400
Cylical unemployment is largely the result of declining demand during periods of economic downturn.
What is inadequate demand unemployment?
500
Change in direction on stock graph.
What is break out point?
500
Organizations that place quotas on products
What is Marketing Boards
500
The study of the economy on a whole.
What is macroeconomics?
500
Eliminates the use of a base year and uses a formula to "rebase" the GDP each quater that it is measured.
What is the chain Fisher volume index?
500
Showing a stable and predictable inverse relationship between inflation and unemployment rates.
What is Phillips curve?