Econ Unit 3 Lessons 1-3

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Other
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9th - 12th Grade
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Hard
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1.
FLASHCARD QUESTION
Front
Business Investments
Back
This is one of the categories of GDP. It tracks the purchase of new plants, new equipment, new buildings, new residences, and inventories.
2.
FLASHCARD QUESTION
Front
Business Cycle
Back
A period of macroeconomics expansion followed by a period of contraction. This could be for a business, industry, or entire economy.
3.
FLASHCARD QUESTION
Front
Consumer Spending
Back
One of the categories of GDP. It tracks the spending by households on goods and services.
4.
FLASHCARD QUESTION
Front
Contraction
Back
A period of economic decline.
5.
FLASHCARD QUESTION
Front
Genuine Progress Indicator
Back
An alternative measure to GDP that tracks of economic growth that focuses on economic well-being not monetary transactions.
6.
FLASHCARD QUESTION
Front
Expansion
Back
A period of economic growth.
7.
FLASHCARD QUESTION
Front
Government Spending
Back
This is one of the categories of GDP. It tracks the spending by all levels of government on goods and services.
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