Money Matter A Unit 2
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produce | show 🗑
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incentives | show 🗑
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price ceiling | show 🗑
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show | a minimum allowed price for a good or service
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show | goods that are necessities
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show | goods that are desired, but not needed
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show | how much the quantity of a good demanded when the price changes
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positive incentives | show 🗑
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show | these discourage demand
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show | having more than is needed
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show | not having enough of something
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influence | show 🗑
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show | the point where supply and demand meet and prices
are set
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coordinate | show 🗑
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show | an economic law stating that the quantity suppled increases as prices rise and drops as prices fall
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law of demand | show 🗑
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show | provides data for an entire market
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supply curve | show 🗑
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demand curve | show 🗑
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show | when prices or quantity moves away from the equilibrium point
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show | a gradual, steady increase in prices of goods and services
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show | a gradual, steady increase in prices combined with unemployment and low demand
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consumer price index | show 🗑
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show | an exponential rise in prices of good
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recession | show 🗑
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recovery | show 🗑
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depression | show 🗑
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show | a model of economic change that shows a pattern of growth and decline
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macroeconomics | show 🗑
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aggregate | show 🗑
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show | a subdivision within an economy
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gross domestic product | show 🗑
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show | per person
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off set | show 🗑
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show | a market that has a single supplier of a good or service
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
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If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
dmcbrownell
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