econ vocab 7

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Author:
mcss23
ID:
196616
Filename:
econ vocab 7
Updated:
2013-01-30 12:08:27
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mcss23
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  1. inflation
    a general increase in price
  2. discouraged worker
    person that wants a job but has stopped looking foe one
  3. enterprise zone
    area where companies can locate free of certain local, state, and federal taxes and restrictions
  4. full employment
    the level of employment reached when there is no cyclical unemployment
  5. price index
    a measurement that shows how the average price of a standard group of goods changes over time
  6. hyperinflation
    inflation that is out of control, very high inflation

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