Java Games: Flashcards, matching, concentration, and word search.

2012 POB 1.02 Flashcards, Matching, Concentration, and Word Search

Consumer Price IndexA number that compares prices in one year with some earlier base year.
buying powerThe value of money as measured by the quantity and quality of products and services it can buy.
budget deficitWhat happens if the government spends more money than it collects.
capital project moneyComes from personal savings, the stock market, and the bond market.
personal incomeAn individual's total earnings from wages, passive enterprises, and investment interest and dividends.
retail salesThe sale of goods or commodities in small quantities directly to consumers.
consumer spendingGoods and services bought by households in the satisfaction of their wants and needs.
productivityThe rate at which goods or services are produced expecially output per unit of labor; includes equipment, technology, training and management.
unemployment rateIncludes the people of the labor force that are unemployed, looking for work, willing to work, and unable to find work.
GDP per capitaAn approximation of the value ofgoods produced per person in the country equal to the country's GDP divided by the total number of people in the country.
GDPGross Domestic Product - used to determine a country's overall economic output. A country's total dollar value of all final goods and services produced in one year.
deflationA decline in general price levels, often caused by a reduction in the supply of money or credit.
inflationA rise in the general level of prices and goods.
recoveryThe end of a recession or decline in economic activity.
depressionA severe downturn that lasts several years.
recessionA business cycle contraction; a general slowdown in economic activity over a period of time.
prosperityThe state of flourishing, thriving, or good fortune.

CTE Dept.
Whitewater Middle School
Charlotte, NC

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