Basics Flashcards
1
Q
What does D stand for?
A
Demand
2
Q
What does S stand for?
A
Supply
3
Q
What does P stand for?
A
Price
4
Q
What does Q stand for?
A
Quantitiy
5
Q
What does —> Mean
A
Leads to
6
Q
What does < mean?
A
Less than
7
Q
What does > mean
A
Greater than
8
Q
What does “triangle symbol” mean
A
Change in
9
Q
What does C mean
A
Consumption
10
Q
What does I mean?
A
investement
11
Q
What does X mean?
A
Exports
12
Q
What does M mean?
A
Imports
13
Q
What does Y mean?
A
income
14
Q
What does T mean?
A
Tax
15
Q
What does i/r mean?
A
intrest rates
16
Q
what does g&s mean?
A
goods and services
17
Q
What does G mean
A
Government spending