Chapter 14 - The National Economic and Financial Environment Flashcards
1
Q
Define the Accelerator Effect (422)
A
2
Q
Define the Business Cycle (424)
A
3
Q
Define the Central Bank (443)
A
4
Q
Define Circular Flow of Income (418)
A
5
Q
Define Competitive Cost Advantage (416)
A
6
Q
Define Fiscal Policy (440)
A
7
Q
Define GDP (424)
A
8
Q
Define MPC (443)
A
9
Q
Define Monetarism (442)
A
10
Q
Explain the Multiplier Effect (420)
A
11
Q
Define PSNB (438)
A
12
Q
Define Quantitive Easing (442)
A
13
Q
Define RPI (428)
A
14
Q
Define Savings Ratio (427)
A