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|Goods that, when consumed by one individual, cannot be consumed by another.
|Goods that can be consumed by one person without preventing the consumption of the good by another.
|The unintended side effect of an action.
|A sole provider of a good or service.
|Laws to control monopoly power and to preserve and promote competition.
|A combination of two or more companies to form a single business.
|A market sutuation in which the costs of production are minimized, or lessened by having a single firm produce the product.
|A company pulls a product off the market or agrees to change it to make it safe.
|Shows an economy's production after the distortions of price increases have been removed.
|Alternating periods of growth and decline that the economy goes through.
|CIVILIAN LABOR FORCE
|All civilians 16 years old or older who are either working or are looking for work.
|The percentage of people in the civilian labor force whos are not working but are looking for jobs.
|The federal government's use of spending and taxation policies to affect overall business activity.
|Sustained increase in the general level of prices.
|CONSUMER PRICE INDEX(CPI)
|Measure of change in price over time of specific group of goods and services.
|Government coupons that can be used to purchase food.
|WOMEN, INFANTS, AND CHILDREN (WIC)
|A program that provide help for nutrition and health care to low-income women, infants, and children up to age.
|A term used to describe programs that require welfare recipients to exchange some of their labor in exchange for benefits.
|PROGRESSIVE INCOME TAX
|Means that the tax rate is lower at lower incomes and higher for higher incomes.
|EARNED INCOME TAX CREDIT (EITC)
|Gives tax credits and even cash payments to qualified workers.