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consumption
consume
investment
inventory
purchase
Ch 11
overall
index
fix
consumer
resident
typical
basket
Ch 12
standard of living
earn
productivity
society
sacrifice
scale
Ch 19
foreign currency exchange
capital flight
protectionism
default
Ch 20
fluctuation
irregular
recession
depression
boom
prosperity
optimistic
pessimistic
initial
Key terms
All Chs
horizontal / vertical axis
curve
shift
positive
negative
demonstrate
illustrate
figure
diagram
graph
panel
slope
equal
equilibrium
determinant
measure
minimum / efficiency wage
inevitable
retire
Ch 16
value of money
assets
function
medium
liquidity
store
unit of account
fiat
commodity
deposit
federal
fractional
demand / savings deposit
label
decline
arise from
apply to
application
affect
effect
exceed
excess
expect
expectation
principle
model
relationship
related
relative
associate
link
cause
assume
predict
equation
velocity
tight
irrelevant
set(verb)
Ch 18
net capital outflow
financial
finance(verb)
imbalance
citizen
purchasing-power parity
appreciate
depreciate
portfolio investment
incentive
reform
subsidy
subsidize
crowding-out
tax credit
budgetdeficit / surplus
Ch 15
unemployment
business cycle
cyclical
fictional
structural
labor force
participation
sticky
temporary
Ch 21
fiscal / monetary policy
propensity
expansion
contraction
stimulate
Ch 22
combination
offset
actual
hypothesபைடு நூலகம்s
situation
essence
capital stock
physical capital
human capital
labor
patent
Ch 13
loanable funds
saving
interest rate
bond
stock
ownership
private/ public saving
mutual funds
income tax
percent
behavior
inflation
deflation
value
competition.
monopoly
indicator
system
limitation
trend
data
portion
concept
contribution
tradeoff
event
benefit
barrier
control
influence
respond
calculate
compute
count
consider
estimate
allocate
increase
decrease
adjust
expand
maintain
remain
represent
representative
depend on
offer
aim to
alter
analyze
discuss
describe
imply
according to
reflect
exchange
prefer
preference
achieve
transaction
contract
wealth
source
resource
account
quantity
quality
rate
ratio
role
firm
add up
current
base year
service
nominal
real
deflator
product
production
factor
wage
rent
profit
revenue
produce
intermediate
expenditure
output
circular flow
component
law of demand / supply
substitute
complements
taste
input
excess demand/ supply
Technological advance
technology
individual
Ch 10
domestic
well-being
gross
household
vary
various
variable
constant
stable
previous
classical
aggregate
average
marginal
ambiguous
available
ultimate
Ch 4
demand / supply schedule
surplus
shortage
normal
inferior
currency
central bank
maintain
discount
money multiplier
reserve
reserve ratio
contain
bill
tool
Ch 17
fisher effect
primary
inject
process
dichotomy
neutrality
adjustment
consume
investment
inventory
purchase
Ch 11
overall
index
fix
consumer
resident
typical
basket
Ch 12
standard of living
earn
productivity
society
sacrifice
scale
Ch 19
foreign currency exchange
capital flight
protectionism
default
Ch 20
fluctuation
irregular
recession
depression
boom
prosperity
optimistic
pessimistic
initial
Key terms
All Chs
horizontal / vertical axis
curve
shift
positive
negative
demonstrate
illustrate
figure
diagram
graph
panel
slope
equal
equilibrium
determinant
measure
minimum / efficiency wage
inevitable
retire
Ch 16
value of money
assets
function
medium
liquidity
store
unit of account
fiat
commodity
deposit
federal
fractional
demand / savings deposit
label
decline
arise from
apply to
application
affect
effect
exceed
excess
expect
expectation
principle
model
relationship
related
relative
associate
link
cause
assume
predict
equation
velocity
tight
irrelevant
set(verb)
Ch 18
net capital outflow
financial
finance(verb)
imbalance
citizen
purchasing-power parity
appreciate
depreciate
portfolio investment
incentive
reform
subsidy
subsidize
crowding-out
tax credit
budgetdeficit / surplus
Ch 15
unemployment
business cycle
cyclical
fictional
structural
labor force
participation
sticky
temporary
Ch 21
fiscal / monetary policy
propensity
expansion
contraction
stimulate
Ch 22
combination
offset
actual
hypothesபைடு நூலகம்s
situation
essence
capital stock
physical capital
human capital
labor
patent
Ch 13
loanable funds
saving
interest rate
bond
stock
ownership
private/ public saving
mutual funds
income tax
percent
behavior
inflation
deflation
value
competition.
monopoly
indicator
system
limitation
trend
data
portion
concept
contribution
tradeoff
event
benefit
barrier
control
influence
respond
calculate
compute
count
consider
estimate
allocate
increase
decrease
adjust
expand
maintain
remain
represent
representative
depend on
offer
aim to
alter
analyze
discuss
describe
imply
according to
reflect
exchange
prefer
preference
achieve
transaction
contract
wealth
source
resource
account
quantity
quality
rate
ratio
role
firm
add up
current
base year
service
nominal
real
deflator
product
production
factor
wage
rent
profit
revenue
produce
intermediate
expenditure
output
circular flow
component
law of demand / supply
substitute
complements
taste
input
excess demand/ supply
Technological advance
technology
individual
Ch 10
domestic
well-being
gross
household
vary
various
variable
constant
stable
previous
classical
aggregate
average
marginal
ambiguous
available
ultimate
Ch 4
demand / supply schedule
surplus
shortage
normal
inferior
currency
central bank
maintain
discount
money multiplier
reserve
reserve ratio
contain
bill
tool
Ch 17
fisher effect
primary
inject
process
dichotomy
neutrality
adjustment