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Words
aggregate demand
aggregate supply
antitrust laws
articles of partnership
assests
authoritarian
bank
bank run
barrier to entry
barter
black market
bond
business association
business cycle
business cycle
business franchise
business license
business organization
capital deepening
cartel
cash transfers
cbo
cea
central bank
centrally planned economy
certificae of incorporation
ceteris paribus
closely held corporation
collective
collusion
command economy
commodity
commodity money
communism
competition
competition
complements
conglomerate
consumer cooperative
consumer sovereignty
continuum
contraction
cooperative
corporate income tax
corporation
cost
cost-puch theory
cpi
credit card
creditor
currency
cyclical unemployment
debit card
decreasing marginal returns
default
deflation
demand
demand curve
demand deposit
demand schedule
demand-pull theory
depreciation
depression
deregulation
differentiation
discouraged worker
discretionary spending
disequlibrium
dividend
dsspecialization
durable goods
economic growth
economic system
economics
economics of sale
effciency
elastic
elasticity of demand
elasticity of supply
entitlment
entrepreneur
equilibrium
estate tax
excess demand
excess supply
excise tax
expansion
externality
factor market
factor payments
factors of production
federal reserve note
federal reserve system
fiat money
fica
firm
fiscal policy
fixed cost
fractional reserve banking
franchise
free contract
free enterprise
free rider
frictional unemployment
fringe benefit
full employment
general partnership
gift tax
gold standerd
goods
government monopoly
great depression
greenback
gross domestic product
gross domestic product (gdp)
guns or butter
heavy industry
horizontal merger
household
human capital
hyperinflation
imperect competition
in-kind benefits
incentive
incidence of a tax
income effect
increasing marginal returns
individual income tax
inelastic
inferior good
inflation
inflation rate
intermediate goods
intrest
intrest group
invisible hand
labor capital
laissez faire
land
law of demand
law of increasing costs
law of supply
leading indicators
liability
license
limited liability partnership (llp)
limited partnership
liquidity
lorenz curve
macroeconomics
madicare
mandatory spending
marginal cost
marginal cost
marginal product of labor
marginal revenue
market
market basket
market economy
market failure
market power
market supply curve
market supply schedule
medicaid
medium of exchange
member bank
merger
microeconomics
minimum wage
mixed economy
money
money mrket mutal fund
money supply
monopolistic competition
monopoly
mortgage
multinational corporation (mnc)
narket demand schedule
national bank
national income accounting
natural monopoly
need
nominal gdp
nondurable goods
nonprice competition
nonprofit organization
normal good
oliopoly
open opportunity
operating cost
opportinity cost
partnership
patent
patriotism
peak
perfect competition
physical capital
poverty rate
poverty threshold
predatory pricing
price ceiling
price discrimination
price fixing
price floor
price index
price level
price war
principal
private property
private property rights
private sector
privatize
producer cooperative
product market
production possibilities curve
production possibilities frontier
professional organization
profit
profit motive
progressive tax
property tax
proportional tax
public disclosure laws
public good
public intrest
public sector
publicly held corporation
quantity supplied
quantity theory
rationing
real gdp
real gdp per capita
recession
regressive tax
regulation
rent control
representative money
revenue
royalty
safety net
sales tax
savings rate
scarcity
search costs
seasonal unemployment
self-intrest
service cooperative
services
shortage
shortage
social security
socisalism
sole proprietorship
spillover costs
stagflation
standard of living
start-up costs
stock
store of value
structural unemployment
subsidy
substitutes
substitution effect
supply
supply curve
supply schedule
supply shock
surplus
tariff
tax base
tax incentive
technology
thinking at the margin
total cost
total revenue
trade association
trade-off
traditional economy
transition
trough
trust
underemployed
underutiliztion
unemployment rate
uniform part act (upa)
unit of account
unitary elastic
variable
variable cost
velfare
vertical merger
voluntary exchange
wage-price spiral
want
witholding
work ethic
zoning law