PASS: The American Economy
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| show | an ability to produce a good more
efficiently than others
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| show | a measure of the price changes in
consumer goods and services used to
identify changes in the cost of living
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| show | loss of jobs caused by periodic decreases
in the growth of business
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| depression | show 🗑
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| show | the amount of income that households
have to spend or save after payment of
personal taxes; net personal income
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| show | goods and services produced in one
country and sold to other countries
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| show | temporary loss of jobs caused by the
changing of seasons and shifting of
employees to new jobs
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| show | the amount of money earned by all
individuals in a country in one year
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| show | goods and services bought by one
country from another
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| inflation | show 🗑
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| show | in economics, the notion that people and
countries throughout the world need the
goods produced by other people and
countries
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| show | trade between countries
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| show | a period of economic growth; a general
increase in the demand for goods and
services
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| show | loss of jobs caused by a shift in the way
work is done, leaving some individuals
without the skills necessary for available
jobs
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| show | a tax placed on imported goods
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