Save
Busy. Please wait.
or

show password
Forgot Password?

Don't have an account?  Sign up 
or

Username is available taken
show password

why


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
We do not share your email address with others. It is only used to allow you to reset your password. For details read our Privacy Policy and Terms of Service.


Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't know (0)
Remaining cards (0)
Know (0)
0:00
share
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

chapter 2 vocab

TermDefinition
Gross Domestic Product The total dollar value of all finals goods and services produced in a country during one year
GDP per Capita calculated by dividing GDP by the total population
Unemployment rate The portion of people in the labor force who are not working
Productivity The production output in relation to a unit of input, such as a worker
Personal Income Refers to salaries and wages as well as investment income and government payments to individuals
Retail Sales The sales of durable and non durable goods bought by consumers
Business Cycle The movement of the economy from one condition to another and back again
Prosperity A period in which most people who want work are working
Recession A period when demand begins to decrease
Depression A period with prolonged period of high unemployment
Recovery A phase when unemployment begins to decrease
Inflation An increase in the general level of prices
Price Index A number that compares prices in one year with some earlier base year
Deflation A decreases in the level of prices
Capital Project Involves spending by businesses for items such as land, building, equipment and new products
Stock represents ownership is commonly in a corporation
bond represents debt for an organization
Budget Surplus This occurs when a government spends less than in takes in
Budget Deficit This occurs when a government spends more than it takes in
National debt The total amount owed by the federal government
Capital spending is the money a company spends to buy, maintain, or improve its fixed assets, such as buildings, vehicles, equipment, or land.
equity the quality of being fair and impartial.
creditor a person or company to whom money is owed.
Created by: DanielRuthe
 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!

"Know" box contains:
Time elapsed:
Retries:
restart all cards