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A measure of a variables sensitivity to modify into another variable.

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The amount charged expressed in a percent sign.

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The exact price at which market supply equal market demand.

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The right of general prices for goods and services is rising and unfortunately the purchasing powers are failing

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A street located in lower Manhattan. Originated to the New York stock exchange

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An organization that is formed to protect and further their rights and interests.

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A financial establishment that invests money.

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A private business that is owned and controlled by the people who uses its product, services and supplies.

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Organizations that doesn't pay income taxes on the money thy received.

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A company, group or organization authorized to act as a whole.

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Two or more people decides to run a business and share its profits

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Oneself owns and runs a business and is responsible for the business debts.

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The Central Bank of the United States.

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A severe decline in a nations economy.

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Its the contraction of business cycle which means the economy has declined significantly.

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Is the 4 stages of expansion of contraction of an economy.

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A policy that implies to banks to maintain liquidity

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The government adjusts its spending levels and tax rates to monitor its nation economy.

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A measurement on price level changes of a market basket of consumer goods and services by household purchases.

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monetary measures of a market value of all final goods and services produced in a period time.

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When competitors sells the same product.

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When firms have the same competitors but each sells differently

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A industry structure in which a few firms dominate.

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A market structure characterized by a single seller, selling a unique product in the market.

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The value of the choice in terms of the best alternative while making a decision.

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Consumer's desire and willingness to pay a price for a specific good or service

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The total amount of a specific good or service that is available to the consumers.

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The motivation of firms that operate so as to maximize their profits.

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A condition where different economic firms seek to obtain a share of limited goods

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A model showing the basic economic relationship within a market economy.

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A type of economy where products, prices and services are regulated by a market rather than a government.

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An economic system that has both private and public enterprises.

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A capitalistic economic system in which there is free competition and prices are regulated by supply and demand

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An economy in which production, investment, prices and incomes are determined by a government.

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A system that relies in customs, history and past timed beliefs.

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A job or a task that is expected to be done.

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Any part of the earth that is covering the earth.

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A person who statrts a business or businesses.

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Financial assets or their financial

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Basic economic problems with limiting humans wants and needs.