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Business Chapter 3

Horizontales
How the government pays for programs
When barter and trading was primarily used it was a ________ based
________ based economy began with the invention of computers
The U.S uses these to check economic performance
When big machines were used for producing goods it was _______ based
Unemployment low and wages are higher
Total amount a government owes
Ups and downs in the economy over time
___________ based economy was when farming was the way of living.
The figures used to measure economic performance are economic________
The main functions of the Fed
Slow down in economic activity
Increase in the cost of goods and services
Production starts to increase again
Verticales
High unemployment and rare
Standard of Living is the measure of material ___________
When the government spends more than it collects
__________ have an enormous role in the market
Production starts to increase
# of people who are able and willing to work but cannot find work
What the government owes
Decrease in the price of goods and services
Congress and the President enact laws that affect the ________ policy
# of Federal Reserve Banks