flashcasts about account

Define 'structural unemployment'.

Define 'real GDP'.

Define 'variable cost' in production.

Define 'opportunity cost'.

Define 'venture capital'.

Define 'marginal utility'.

Define 'liquidity' in finance.

Define 'producer surplus'.

Describe 'market liquidity'.

Define 'cross elasticity of demand'.

Define 'product market'.

Define 'standard deviation' in statistics.

Define 'stagflation'.

Describe 'inflation'.

Define 'inferior good'.

Define 'absolute advantage'.

Describe 'balance of trade'.

Define 'fiscal policy' objectives.

Define 'credit rating'.

Define 'capital account' in the balance of payments.

Define 'portfolio diversification'.

Define 'monetary policy'.

Define 'price elasticity of supply'.

Define 'perfect competition'.

Define 'correlation coefficient'.