Study your flashcards anywhere!

Download the official Cram app for free >

  • Shuffle
    Toggle On
    Toggle Off
  • Alphabetize
    Toggle On
    Toggle Off
  • Front First
    Toggle On
    Toggle Off
  • Both Sides
    Toggle On
    Toggle Off
  • Read
    Toggle On
    Toggle Off
Reading...
Front

How to study your flashcards.

Right/Left arrow keys: Navigate between flashcards.right arrow keyleft arrow key

Up/Down arrow keys: Flip the card between the front and back.down keyup key

H key: Show hint (3rd side).h key

A key: Read text to speech.a key

image

Play button

image

Play button

image

Progress

1/20

Click to flip

20 Cards in this Set

  • Front
  • Back
ABN
Australian Business Number
ABS
Australian Bureau of Statistics
absolute poverty
income units below some minimum income benchmark
AC
average cost (total cost divided by output)
ACCI
Australian Chamber of Commerce and Industry
ACTU
Australian Council of Trade Unions
AFI
all financial intermediearies
AFS
Australian financial system
age distribution of population
composition of the population according to age groups
aggregate demand
total level of demand in the economy
AIRC
Australian Industrial Relations Commission
All Ordinaries Index
index of share price movements on the ASX
ANZIC
Australia and new zealand industrial calssification
APC
average propensity to consume
APP
average physical product (TPP divided by labour units)
APRA
Australian Prudential Regulation Authority
APS
average propensity to save
arbitration
where an industrial tribunal makes a binding decision on the outcome of a dispute which conflicting parties must abide by
arc formula
averages changes in the quantity demanded or supplied divided by average changes in prices to calculate an elasticity coefficeint
ART
average rate of taxation