Study skills - Samuelson 3 (1) Flashcards
1
Q
- faster or greater activity, development, progress, advancement, etc.
A
accelerated
2
Q
- an additional benefit, esp. the amount by which the value of an article is increased at some stage of its production; also called value added
A
added value
3
Q
- to speak or write in favor of; support or urge by argument; recommend publicly
A
advocate
4
Q
- equipment
A
apparel
5
Q
- Something valuable that an entity owns, benefits from, or has use of, in generating income.
A
asset
6
Q
- anything built or serving to bar passage, as a railing, fence, or the like / anything that restrains or obstructs progress, access, etc.
A
barrier
7
Q
- the application of the natural sciences, especially the biological and physiological sciences, to clinical medicine
A
biomedicine
8
Q
- Financial market consisting of bond issuers, underwriters, buyers, and brokers/dealers.
A
bond market
9
Q
- goods or cargo not in packages or boxes, usually transported in large volume, as grain, coal, or petroleum
A
bulk
10
Q
- the movement of money for the purpose of investment, trade or business production
A
capital flow
11
Q
- the effect, result, or outcome of something occurring earlier / an act or instance of following something as an effect, result, or outcome / the conclusion reached by a line of reasoning / importance or significance:
A
consequence
12
Q
- the using up of goods and services having an exchangeable value
A
consumption
13
Q
- harmful or undesirable contact or influence
A
contagion
14
Q
- to give (money, time, knowledge, assistance, etc.) to a common supply, fund, etc., as for charitable purposes
A
contribute to
15
Q
- coming together of distinct and separate factors or phenomenon such as technologies
A
convergence
16
Q
- The process of looking for, finding and removing unwarranted expenses from a business to increase profits without having a negative impact on product quality. Many business managers will engage in periodic cost reduction drives in order to make their company’s operation more efficient and to boost profits.
A
cost reduction
17
Q
- a downward movement, as of prices or population; diminution
A
decline
18
Q
- to be a mark or sign of; indicate / to be a name or designation for; mean / to represent by a symbol; stand as a symbol for
A
denote
19
Q
- or concentrate on a particular pursuit, occupation, purpose, cause, etc.
A
devote
20
Q
- putting out of place
A
dislocation
21
Q
- to disassemble or pull down; take apart
A
dismantle
22
Q
- to move or put out of the usual or proper place
A
displace
23
Q
-an outbreak of disorder; a breach of public peace
A
disturbance
24
Q
- one of the parts into which a thing is divided; section.
A
division
25
Q
- indigenous to or produced or made within one’s own country; not foreign; native
A
domestic
26
Q
- proof
A
evidence
27
Q
- the quality of growing profusely; luxuriance
A
exuberance
28
Q
- the management of revenues; the conduct or transaction of money matters generally, especially those affecting the public, as in the fields of banking and investment
A
finance
29
Q
- A document (such as a check, draft, bond, share, bill of exchange, futures or options contract) that has a monetary value or represents a legally enforceable (binding) agreement between two or more parties regarding a right to payment of money. See also debt instrument, equity instrument, and financing instrument.
A
financial instrument
30
Q
- Market for sale and purchase of stocks (shares), bonds, bills of exchange, commodities, futures and options, foreign currency, etc., which work as exchanges for capital and credit.
A
financial market
31
Q
- a part as distinct from the whole of anything; portion or section
A
fraction
32
Q
- to get (something desired), especially as a result of one’s efforts / to acquire as an increase or addition / to obtain as a profit
A
gain
33
Q
- articles of trade; wares; merchandise
A
goods
34
Q
- buying and selling of goods and services
A
goods market
35
Q
- A measurement of the distribution of income that highlights the gap between individuals or households making most of the income in a given country and those making very little.
A
income inequality
36
Q
- to come into or acquire (some consequence, usually undesirable or injurious) / to become liable or subject to through one’s own action; bring or take upon oneself
A
incur
37
Q
- the process of translating an idea or invention into a good or service that creates value or for which customers will pay
A
innovation
38
Q
- to cover, line, or separate with a material that prevents or reduces the passage, transfer, or leakage of heat, electricity, or sound / to place in an isolated situation or condition; segregate.
A
insulate
39
Q
- an act or instance of combining into an integral whole / an act or instance of integrating a racial, religious, or ethnic group / an act or instance of integrating an organization, place of business, school, etc
A
integration
40
Q
- the annualized cost of credit or debt-capital computed as the percentage ratio of interest to the principal
A
interest rate
41
Q
- a point in question or a matter that is in dispute, as between contending parties in an action at law / a point, matter, or dispute, the decision of which is of special or public importance: the political issues/ a point the decision of which determines a matter
A
issue
42
Q
- productive activity, especially for the sake of economic gain
A
labo(u)r
43
Q
- the sum of all wages paid to employees, as well as the cost of employee benefits and payroll taxes paid by an employer. The cost of labor is broken into direct and indirect costs.
A
labo(u)r cost
44
Q
- to take charge or care of / to handle, direct, govern, or control in action or use
A
manage
45
Q
- production
A
output
46
Q
- a rate of movement, especially in stepping, walking, etc. / a rate of activity, progress, growth, performance, etc.; tempo
A
pace
47
Q
- a person responsible for making policy, especially in government.
A
policymaker
48
Q
- a person who creates economic value, or produces goods and services
A
producer
49
Q
- Mechanical or chemical steps used to create an object, usually repeated to create multiple units of the same item. Generally involves the use of raw materials, machinery and manpower to create a product.
A
production process
50
Q
- Governmental policy aimed at shielding a fragile economy, or a weak or critical sector, from cheaper or better imports through imposition of high duty rates (tariff barriers), quotas, and/or inordinately stringent or time consuming inspection or quality regulations (non-tariff barriers). All countries practice protectionism in one form or another but, generally, without going to any extreme.
A
protectionism
51
Q
- Proportionate share or part, such as a sales quota. / Limitation on the quantity that must not be exceeded, such as an import quota.
A
quota