100 ECONOMIC TERMS 324287 6162d7db

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100 ECONOMIC TERMS


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Across 24. periods of rapid/reduced economic growth 11. maximum productivity


1. measure of inequality 27. those who use economic goods 13. too much money or income
2. economic decline 29. external, coming from outside the model 15. advantages
4. increase in economic activity 30. gases in Earth's atmosphere that trap heat near 16. internal, produced by a model
5. not enough money or income the surface 17. prevent
7. the proportion of a loan that is charged as 32. vary 18. money obtained in return for labor or services.
interest 34. to be unlike 19. the total value of goods produced and services
10. a payment or concession to stimulate greater 35. adaptability, the degree to which a demand or provided in a coubtry during one year
output or investment. supply is sensitive to changes in price or income 20. resources owned by a business
12. the government buys a stake to prevent a 36. a proportionate saving in costs gained by an
company from failing 21. to take and use with the intention of returning
increased level of production.
14. a record of the assets, liabilities, and capital of 25. physical goods
Down
a business 3. A security pledged for the repayment of a loan. 26. spending
22. a group of firms acting which collude in order 6. a sum of money that is borrowed 28. promises to pay flows of money at specific
to increase profit intervals
8. those buying or selling on the same market
23. the effort to secure business by offering more 31. recruiting
favourable terms 9. the use of something
33. a line in a graph that is not straight
Word Bank
incentive budget surplus downturn bonds interest rate benefits
growth collateral exogenous economies of scale borrow competition
consumer expenditure cartel hiring efficiency greenhouse gases
differ curve gini coefficient commodities endogenous balances sheet
assets earnings fluctuate GDP booms and recessions impede
consumption bailout elasticity budget deficit debt competitor

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