Unit 2

the money earned by an employee, esp. when paid for the hours worked

• salary
• bonus
• commission
• wages

a state of balance

• imbalance
• disarray
• chaos
• equilibrium

process of making something less severe or difficult

• intensification

• aggravation

• easing

• exacerbation

actions taken by a government to control the amount and availability of money in an economy

• Monetary policy
• Fiscal policy
• Foreign policy
• Trade policy

a government's plan for deciding how much money to borrow and to collect in taxes

• Monetary policy
• Trade policy
• Fiscal policy
• Foreign policy

the difference between income from exports and the cost of imports

• trade surplus
• balance of payments

• balance of trade
• import-export ratio

a period when the economy of a country is not successful and conditions for business are bad

• prosperity
• boom
• growth
• recession

a set of beliefs and ideas from which opinions and decisions are formed

• standpoint

• vestment

• tenderness

• nuisance

the state of being tight and stiff

• Tension
• Flexibility
• Looseness
• Relaxation

someone who spends money

• saver

• hoarder
• spender
• keeper