Chapter 14 - The National Economic and Financial Environment Flashcards

1
Q

Define the Accelerator Effect (422)

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2
Q

Define the Business Cycle (424)

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3
Q

Define the Central Bank (443)

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4
Q

Define Circular Flow of Income (418)

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5
Q

Define Competitive Cost Advantage (416)

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6
Q

Define Fiscal Policy (440)

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7
Q

Define GDP (424)

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8
Q

Define MPC (443)

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9
Q

Define Monetarism (442)

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10
Q

Explain the Multiplier Effect (420)

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11
Q

Define PSNB (438)

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12
Q

Define Quantitive Easing (442)

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13
Q

Define RPI (428)

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14
Q

Define Savings Ratio (427)

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