Economic Issues Flashcards
define and translate the term economics
= a branch of science that studies production, distribution, and consumption of goods and services. it evaluates the welfare of citizens and consumers
ekonomska veda
translate ‘production’
prozivodnja
translate ‘distribution’
porazdelitev
translate ‘consumption’
poraba
translate ‘welfare’
blaginja
tr ‘economic factors’
gospodarski dejavniki
tr ‘national income’
nacionalni dogodek
tr ‘foreign trade’
zunanja trgovina
tr ‘national productivity’
nacionalna produktivnost
tr ‘gross domestic product’
bruto domači proizvod
tr ‘gross national product’
bruto nacionalni proizvod
tr ‘consumer price index (CPI)’
indeks rasti cen življenskih stroškov
tr ‘retail price index (RPI)’
indeks rasti maloprodajnih cen
tr ‘foreign direct investment (FDI)’
neposredne tuje investicije
tr ‘national output’
nacionalni proizvod
tr ‘allocation’
dodelitev
tr ‘supply and demand’
ponudba in povpraševanje
tr ‘utility’
koristnost, uporabnost
tr ‘living standard’
življenski strandard
tr ‘socioeconomic class’
socialno-ekonomski standard
tr metrics
meritve
tr housing
nastanitev
tr utilities
komunalne storitve
tr class disparity
razredno neskladje
tr access to healthcare
dostop do zdravstvenega varstva
tr life expectancy
pričakovana življenjska doba
tr incidence
pojavnost
tr infrastructure
pogostost, stopnja
def commodity exchange
= market for commodities (e.g., tobacco, cattle, cotton, gold, oil)
difference between monetary and fiscal policies
monetary: central banks (interest rates)
fiscal: governments (taxes)
def toxic assets
= dangerous and very risky assets
def national income
the monetary value of national output
def unemployment rate
the number of people from the available labour force who are unable to find work
def inflation rate
the rate at which prices rise
def gdp
the country’s income within a country’s borders
def gnp
the country’s income including foreign investments
def cpi
measure of inflation, which includes housing costs and mortgage interest payments
def rpi
index of current retail prices of a basket of goods and services
def national output
the total amount of goods and services a country produces
stability antonym
instability
to plunge antonym
to climb
payment antonym
default on payment
peak antonym
trough
small-scale antonym
large-scale
recession antonym
expansion
domestic antonym
foreign
surplus antonym
deficit
emu meaning
economic and monetary union
agr meanign
annual growth rate
tr scarcity of resources
pomanjkanje virov
tr availability of labour
razpoložljivost delovne sile
tr availability of resources
razpoložljivost virov
tr perfect competition
popolna konkurenca
tr public tender
javni razpis
tr javna poraba
public spending
tr razcvet / konjuktura
boom
tr prag revščine
poverty line
