(Note: this image is entitled "market genius"- do you know why?)VOCABULARY:
opportunity cost
trade-off
aggregate equilibrium
aggregate growth
aggregate demand
aggregate supply
business cycle
public works
regulation
deregulation
reserved powers
inflation
infrastructure
Classical economic theory
Keynesian economic theory
interest
deficit
Federal Reserve
asset
asset bubbles
Be familiar with/ know examples of:
-stimulus package plans and criticisms
- periods of economic recession and recovery in US history (Great Depression/ New Deal; New Frontier and Great Society; Dot-Com boom; Reganomics, etc.)
No comments:
Post a Comment