flashcasts about account

Define 'real GDP'.

Define 'inferior good'.

Define 'venture capital'.

Define 'portfolio diversification'.

Define 'perfect competition'.

Define 'structural unemployment'.

Define 'correlation coefficient'.

Define 'liquidity' in finance.

Define 'opportunity cost'.

Define 'monetary policy'.

Define 'standard deviation' in statistics.

Describe 'balance of trade'.

Define 'variable cost' in production.

Describe 'inflation'.

Define 'capital account' in the balance of payments.

Define 'cross elasticity of demand'.

Define 'product market'.

Define 'credit rating'.

Define 'absolute advantage'.

Define 'price elasticity of supply'.

Define 'stagflation'.

Define 'marginal utility'.

Define 'fiscal policy' objectives.

Describe 'market liquidity'.

Define 'producer surplus'.