Micro 1

Question 0

The income households have available to spend or save after paying taxes in receiving transfer payment

Answer 0

Disposable income

Question 1

At each stage of production the selling price of a product minus the cost of intermediate goods purchased from other firms

Answer 1

Value added

Question 2

Banks and other financial institutions that facilitate the follow of funds from savers to borrowers

Answer 2

Financial market

Question 3

Any spending other than by households are income other than from resource earnings

Answer 3

Injection

Question 4

Market transactions that go on reported either because they are illegal or people involved want to eBay taxes

Answer 4

Underground economy

Question 5

The value of capital stock used to produce GDP or that becomes obsolete during the year

Answer 5

Depreciation

Question 6

GDP minus depreciation

Answer 6

Net DP

Question 7

A number that shows the average price of products changes and price index and economies average price level

Answer 7

Price index

Question 8

A measure of inflation based on the cost of a fixed market basket of goods and service

Answer 8

Consumer price index

Question 9

A measure of inflation of all goods and services included in the gross domestic product

Answer 9

GDP price index