macro 4 set

HideShow resource information
  • Created by: inayah
  • Created on: 11-05-14 11:33
Government spending
spending by the central bank and local government on goods and services
1 of 12
Household
group of people whose spending decisions are connected
2 of 12
Hyperinflation
an inflation rate above 50%
3 of 12
Hysterisis
unemployment causing unemployment
4 of 12
ILO
a member organisation of the united nations that collects stats on labour market conditions and seeks to improve the working conditions
5 of 12
IMF
an international organisation that helps coordinate the international monetary system
6 of 12
Imports
products bought form abroad
7 of 12
indirect tax
a tax levied on goods and service
8 of 12
inflation
a unstained rise in the price level; the % increase in price level over a period of time
9 of 12
inflationary noise
the distortion of price signals caused by inflation
10 of 12
informal economy
economic activity that is not recorded or registered with the authorities in order to avoid paying tax or comply with regulations , or because the activity is illegal
11 of 12
injections
additions of extra spending into the circular flow of income
12 of 12

Other cards in this set

Card 2

Front

group of people whose spending decisions are connected

Back

Household

Card 3

Front

an inflation rate above 50%

Back

Preview of the back of card 3

Card 4

Front

unemployment causing unemployment

Back

Preview of the back of card 4

Card 5

Front

a member organisation of the united nations that collects stats on labour market conditions and seeks to improve the working conditions

Back

Preview of the back of card 5
View more cards

Comments

No comments have yet been made

Similar Economics resources:

See all Economics resources »See all Macroeconomic indicators resources »