Economics Key Words

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  • Created by: ORB
  • Created on: 08-05-13 10:43
Interest rate to compare savings accounts (3)
aer
1 of 5
The quantity that businesses want to offer to the consumer at different price levels (6)
supply
2 of 5
something given up when we make a choice (11)(5)
opportunity costs
3 of 5
Resources are limited compared with our needs and wants (8)
scarcity
4 of 5
An area in which people make , or produce, goods and services (7)
economy
5 of 5

Other cards in this set

Card 2

Front

The quantity that businesses want to offer to the consumer at different price levels (6)

Back

supply

Card 3

Front

something given up when we make a choice (11)(5)

Back

Preview of the front of card 3

Card 4

Front

Resources are limited compared with our needs and wants (8)

Back

Preview of the front of card 4

Card 5

Front

An area in which people make , or produce, goods and services (7)

Back

Preview of the front of card 5

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