flashcasts about account

Define 'real GDP'.

Define 'venture capital'.

Define 'structural unemployment'.

Define 'perfect competition'.

Describe 'market liquidity'.

Describe 'inflation'.

Define 'variable cost' in production.

Define 'fiscal policy' objectives.

Define 'portfolio diversification'.

Define 'cross elasticity of demand'.

Define 'producer surplus'.

Describe 'balance of trade'.

Define 'absolute advantage'.

Define 'capital account' in the balance of payments.

Define 'liquidity' in finance.

Define 'marginal utility'.

Define 'monetary policy'.

Define 'credit rating'.

Define 'price elasticity of supply'.

Define 'product market'.

Define 'stagflation'.

Define 'standard deviation' in statistics.

Define 'inferior good'.

Define 'correlation coefficient'.

Define 'opportunity cost'.