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Economics Vocabulary

Horizontales
The inputs we use to produce goods and services
The increase in prices and goods in an economy over time
Relies on customs, culture, and beliefs
The government controls the production and distribution of goods and services
Combines aspects of Capitalism and Socialism
When time value of money and interest rate for two different cash flows is the same
By the people, for the people. Goods and services created to meet human needs.
The increase in prices and goods in an economy over time
Supply and demand help determine production and prices
Supply and demand help determine production and prices
When time value of money and interest rate for two different cash flows is the same
Verticales
A person who takes the risk to create a new business
Relies on customs, culture, and beliefs
Spending and savings plan
The study of the way money, goods, and services are made and used in a society
Capitalism
The study of the way money, goods, and services are made and used in a society
A person who takes the risk to create a new business
By the people, for the people. Goods and services created to meet human needs.
The government controls the production and distribution of goods and services
Regularly recurring costs that do not significantly change from month to month
The amount of money a buyer pays to a seller for goods or services
Spending and savings plan
Combines aspects of Capitalism and Socialism