IGCSE Economics Glossary Terms - D

_ _ _ _ _ rate: the number of deaths for every 1000 people in a country in a year.

(a)  

Fixed amounts (consisting of principal and interest) paid to a creditor at regular intervals on a loan.

• Debt repayments

• Creditor repayments

• Bank repayments

• Lending repayments

An industry that is experiencing falling sales due to a change in the structure of the economy.

• Sunrise industry

• Declining industry

• Decimated industry

• Sunset industry

A leftward shift in the demand curve showing that a smaller quantity is demanded at each price than was previously.

• Increase in demand

• Decrease in demand

A leftward shift in the supply curve showing that a smaller quantity is supplied at each price than was previously.

• Decrease in supply

• Increase in supply

Failure to repay funds to a creditor (lender).

(a)  

The sustained fall in the general level of prices of goods and services in an economy over time.

• Inflation

• Deflation

• Recession

• Decrease

The quantity of a good or service that consumers are willing and able to buy at a given price in a particular time period.

• Dividend

• Depreciation

• Demand

• Dumping

A graph plotting the quantities of a product demanded at a range of prices

• Demand graph

• Demand line

• Demand curve

• Demand product

An increase in the general price level in an economy caused by an increase in aggregate demand.

• Cost-pull inflation

• Demand-pull deflation

• Demand-pull inflation

• Demand-push inflation