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Economic Vocabulary 3

AB
Dow Jones AverageTrends in the value of stocks of 30 large industrial corporations
Gross National ProductThe total market value of all goods and services produced by a nation.
Federal ReserveThe part of government that keeps an eye on the money supply in the U.S.--the "Fed"
SupplyThe amount of a product that is available for sale.
CorporationA kind of company whose ownership is divided into shares of stocks.
Wall StreetFinancial district of New York City.
CreditA loan, the ability to borrow.
Stock ExchangeA central marketplace where shares of stocks can be bought or sold.
CapitalWealth in the form of money or property.
StockholderOne who owns shares or parts of a company or corporation.
ImportTo buy from another country.
DemandThe total amount of a product that people are willing to buy.
National DebtGovernment buying on credit-spending more then they collect from taxpayers.
DeficitAn amount owed to someone else.


Mrs. Centers

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