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Final Review Econ- Terms 1

Teacher: Julie Nordin - Economics  
    
Name ______________________
Horizontales
The additional income from selling one more unit of a good.
A series of competitive price cuts that lowers the market price below the cost of production.
The practice of making high-risk investments with borrowed money in hopes of getting a big return.
The act of redirecting resources from being consumed today so that they may create benefits in the future.
An illegal grouping of companies that discourages competition.
A chart that lists how much of a good a supplier will offer at various prices.
A steady rise in the stock market over a period of time.
A chart that lists how much of a good all suppliers will offer at different prices.
Percentage of the nation's labor force that is not employed.
Government issued coupons that are exchanged for food.
Income that does not increase even when prices go up.
A general increase in prices.
The right to sell a good or service within an exclusive market.
Verticales
A measurement that shows how the average price of a standard group of goods changes over time.
Factors that cause a producer's average cost per unit to fall as output rises.
Area where companies can locate free of certain local, state and federal taxes and restrictions.
A person who wants a job but has given up looking.
The money an investor receives above and beyond the sum of money initially invested.
A payment to the government on the production or sale of a good.
A market structure in which a few large firms dominate a market.
Claims of ownership in a corporation.