Choose the best term to match the definition. This is for practice only. Results are not graded. You may take this quiz as often as you wish.
Aggregate demand
Aggregate supply
Factors of production
Open market operations
Aggregate demand
Aggregate supply
Gross Domestic Product (GDP)
Businiess cycle
Inflation
Recession
Fiscal policy
Budget deficit
Cycical unemployment
Business cycle
Depression
Frictional recession
Gross Domestic Product (GDP)
Consumer Price Index (CPI)
Aggregate Demand
Market System
Recessional unemployment
Cycical unemployment
Frictional unemployment
Structural unemployment
Great recession
Depression
Communism
Stagflation
Discount rate
Elasticity
Inflation rate
Equilibrium rate
Federal Reserve System
FDIC
GDP
Central Monetary Agency
Regressive tax
Monetary policy
Discount rate
Fiscal policy
Aggregate unemployment
Cyclical unemployment
Frictional unemployment
Temporary unemployment
Monopoly
Oligopoly
Partnership
Corporation
Monopoly
Oligopoly
Monopolistic competition
Traditional system
Entrepreneurship
Perfect competition
Partnership
Mutual fund
Monopolistic competition
Perfect competition
Oligopoly
Professional organization
Price ceiling
Efficiency
Equilibrium price
Elasticity
Equilibrium price
Price floor
Monetary policy
Default price
Entrepreneurship
Private corporation
Sole proprietorship
Producer
Substitute goods
Complementary goods
Accessory goods
Scarce goods
Stock
Production possibilities
Aggregate supply
Supply