
Econ Vocab #7
Flashcard
•
Other
•
10th - 12th Grade
•
Practice Problem
•
Hard
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11 questions
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1.
FLASHCARD QUESTION
Front
Market value of all goods & services produced in a year.
Back
Gross Domestic Product
2.
FLASHCARD QUESTION
Front
Category of GDP tracking household spending on goods/services.
Back
Consumer Spending
3.
FLASHCARD QUESTION
Front
X-M
Back
Net Exports
4.
FLASHCARD QUESTION
Front
Category of GDP tracking government spending on goods and services.
Back
Government Spending
5.
FLASHCARD QUESTION
Front
Alternative to GDP focusing on economic well-being.
Back
Genuine Progress Indicator
6.
FLASHCARD QUESTION
Front
Category of GDP tracking purchases of new plants, equipment, buildings, etc.
Back
Business Investment
7.
FLASHCARD QUESTION
Front
Inflation from increased consumer demand.
Back
Demand-Pull Inflation
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