The Student Room Group

The Economics Game

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Reply 660
Sunk Costs
Original post by KingF
Sunk Costs


tariffs
Reply 662
Original post by tooambitious
tariffs


Fiscal year.
Original post by RP-MRU.
Fiscal year.


rectum
Original post by RP-MRU.
Fiscal year.


aggregate demand
Reply 665
Original post by tooambitious
aggregate demand


Negative output-gap.
Reply 666
Original post by RP-MRU.
Negative output-gap.

Aggregate supply :angry:
Original post by Cigarette
Aggregate supply :angry:


long run
Unemployment - People of working age not in employment but actively seeking it
Reply 669
N-Nominal Value - Data not adjusted for the effects of inflation
Unemployment *cba with definitions*
Reply 671
Negative externalities
Original post by Seanm1994
Negative externalities


economic growth
Reply 673
Total Utility - The total satisfaction of wants and needs obtained from the use or consumption of a good and service. Used in consumer demand theory to indicate how much overall satisfaction someone obtains from a given activity.
Terms of Trade - (Export price index/Import price index)
Original post by Aeonstorm
Terms of Trade - (Export price index/Import price index)


deficit
Reply 676
Income Elasticity of Demand
Reply 677
Original post by bong
Income Elasticity of Demand


NAFTA - North American Free Trade Agreement - A trilateral trade agreement signed in 1995 by the American, Canadian and Mexican governments facilitating trade between the three nations.
Technology shocks
Reply 679
Keynesian (economics)

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