The game of Economics

What is the meaning of SME?

What is an increase in the total output of a nation over time?

What is the principle that price and quantity supplied are directly related? 

What is the gain received from voluntary exchange?

What is the principle that priceand quantity demanded are inversely related?

What is the meaning of GDP?

What's a framework for the distribution & allocation of goods & services in a nation/society?

What is received payment (income) for productive efforts?

What are objects that can satisfy people's wants?

What is the money value of aunit of a good, service, or resource?

A business situation which total cost of production exceeds total revenue or negative profit.

What are goods or services produced in one nation but sold to buyers in another nation?

What is trading goods and services with others  for other goods and services or for money? 

What is the study of how people choose to use resources?

What is a group of employees who join together to improve their terms of employment?