Global Economy

______ terms refers to a flow of money over a period of time?

_______the stocks of an asset at a point in time.

__________ refers to a situation where an individual, group of people, region, or country has a different amount of income, assets, or wealth than another individual, group of people, region, or country.

________ _________ does not provide the benefits of globalization.

________ __ __________is the cost of globalization.

_______ ____ ______theory suggests investment by multinationals and the high incomes of the rich can benefit everyone in an economy as the wealth flows down through the economy.

_________ consumers buy raw materials, machinery, and equipment to aid in production and require labor

GDP stands for

______________________is the value of all goods and services produced in a country.

______refers to a flow of money over a period of time.