Economics Terms
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Economics Terms
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1. Annual plan outlining proposed expenditures and anticipated revenues

2. Currency backed by government bonds - issued by national banks starting in 1863 and generally disappearing from circulation in the 1930's; as known as national currency

3. Charter

4. Production

5. Bank holding company

6. Protest in the form of a refusal to buy - including attempts to convince others to join

7. Regulation z

8. Schedule that spreads depreciation over fewer years than normal to generate larger tax reductions

9. Communism

10. Capital-intensive

11. Prime rate

12. Technological unemployment

13. Partial refund of the original price of a product

14. Theory of production

15. Personal income

16. M1

17. Seat

18. Product market

19. Principal

20. Capital-to-labor ratio

21. Situation where quantity supplied is greater than quantity demanded at a given price

22. Flexible exchange rate

23. North american free trade agreement (nafta)

24. Trade-off

25. Limited life

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