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15 Cards in this Set
- Front
- Back
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Buying on margin
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paying a percentage of a stock's price with small downpayment and buying the rest on credit
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Crash
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rapids fall in the price of stocks
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Consumer Price Index
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a measure of the change in the cost of goods and services most commonly bought by consumers
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Depression
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a very severe prolonged contraction of the economy
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Gross Domestic Product
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The market value of all the goods and services produced in a nation within a specific time period such as a quarter or a year
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Inflation
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A sustained rise in the average level of prices or a decrease in the purchasing power value of money
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Interest rate
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the cost of borrowing money
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National debt
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the money owned by the national government
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Price supports
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government buys surplus crops at guaranteed price in order to help farmers
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Poverty
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the lack of adequate income to maintain a minimum standard of living
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Recession
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a period of declining economic activity
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Stock market
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place where stocks and bonds are bought and sold
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Speculation
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risky investment
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Tariff
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fee charged for goods and services brought into a state or country
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Unemployment rate
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the percentage of the labor force that is unemployed and actively looking for work
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