Microeconomics final matching (glossary)
Home > Preview
The flashcards below were created by user
on FreezingBlue Flashcards.
Variables measured in physical units.
Variables measured in monetary units
An increase in orverall level of prices from the preceding period
A firm that is the sole seller of a product without close substitutes
The theoretical separation of nominal and real variables
The revenue the government raises by creating money
The additional shifts in aggregate demand that result when expansionary fiscal policy increases income and therby increases consumer spending.
Something that induces a person to act
What would you like to do?
Home > Flashcards > Print Preview