In each blank, try to type in the
word that is missing. If you've
typed in the correct word, the
blank will turn green.
If your not sure what answer should be entered, press the space bar and the next missing letter will be displayed. When you are all done, you should look back over all your answers and review the ones in red. These ones in red are the ones which you needed help on. Term: Definition: The schedule of quantities of a good or service that people are willing and able to BUY at different . Term: Definition: The schedule of quantities of a good or service that people are willing and able to SELL at different . Term: Equilibrium Definition: The price at quantity demanded equals quantity supplied. Term: Equilibrium Definition: The quantity bought and sold at the equilibrium Term: Vs ShortageDefinition: Surplus- market is above equilibrium price. Shortage- market price if below equilibrium price Term: An increase in leads to what?Definition: An increase in both equilibrium price and Term: A decrease in demand to what?Definition: A decrease in both price and quantity Term: An in supply...Definition: Decreases equilibrium price and increases quantity Term: A decrease in ...Definition: Increases equilibrium and decreases equilibrium quantity Term: FloorDefinition: Government-imposed minimum price (including ) Term: Price Definition: Government-imposed legal price Term: 2 important price Definition: 1) Rent and 2) Usury laws-ceiling on interest rates Term: Definition: A system used to determine how a good or service is distributed. |
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Created by:
ltameirao
Popular Economics sets