Economic, Environmental, and International Business Issues

Front

The increase in a country's output of goods and services over time.

Back

Economic Growth

Front

The total value of goods and services produced in a country within a specific time period.

Back

Gross Domestic Product (GDP)

Front

The situation in which people who are willing and able to work cannot find a job.

Back

Unemployment

Front

The rate at which the general level of prices for goods and services rises over time.

Back

Inflation

Front

A decrease in the general price level of goods and services.

Back

Deflation

Front

A record of all economic transactions between a country and the rest of the world.

Back

Balance of Payments

Front

The value of one currency in terms of another currency.

Back

Exchange Rate

Front

Government decisions about taxation and spending to influence the economy.

Back

Fiscal Policy

Front

Central bank decisions about the money supply and interest rates to influence the economy.

Back

Monetary Policy

Front

Government measures to increase productivity and efficiency in the economy.

Back

Supply-Side Policies