A | B |
Bond | ÓA long-term loan usually used to raise funds |
Certificate of Deposit (CD) | ÓA type of savings account maintained by banks and other depository institutions that pays higher interest rates than regular savings accounts |
Capital | ÓEquipment |
Consumer | ÓOne who purchases goods and services for direct use or ownership |
Consumer Trends | ÓThe general purchasing habits of a majority of consumers |
Consumption | ÓValue of goods and services purchased by consumers.Ó |
Deflation | ÓA general decline in prices.Ò |
Depreciation | ÓDecline in the value of capital attributable to use and time.Ó |
Depression | ÓUnemployment rate is high and demand for products and services is lowering.Ó |
Earnings | ÓIncome received by labor for its contribution to production. It consists of wages |
Economy | ÓThe organized system of production |
Economic Growth | ÓAn increase in an economy's capacity to produce goods and services |
Economic inputs | ÓInputs to the production process that makes goods and services.Ó |
Economic Output | ÓThe value of final goods and services produced. GDP is a common measure of economic output.Ó |
Elasticity | ÓThe ability of a thing to return to its original shape after it has been stretched or compressed.Ó |