ch 2 economic Word Scramble
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| Question | Answer |
| What is the Gross domestic product (GPD)? | is the total dollar value of all final goods and services produced in a country in one year. |
| Employment and productivity are what? | labor activites |
| Consumer spending is what? | Personal income and retail sales |
| What are the four stages of the business cycle? | prosperity,recession,depression and recovery |
| What is inflation and deflation? | inflation is increase in prices, deflation is decrease in prices. |
| What are some types of interest rates. | prime rate, discount rate, t-bill |
| What are Capital projects? | spending by businesses for items like land, building, and equipment |
| what are stocks? | represents ownership in a corporation |
| what are bonds? | represents dabt for an organization. |
| what is the total amount owed by the federal government | national debt. |
Created by:
Sammy12
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