AD Economics

Fill in the blank: The caste system is a system of _____ stratification in India.

Coins and bills in the hands of the public?

A cost of production that is independent of the quantity produce.

What is the practice of elected officials trading votes?

Fill in the blank: Inflation is a general _____ in price.

The quantity of money available to the economy

The market value of final goods and services produced in economy during a specified time

Skills and experience that's received through education, training, and on the job experience?

Two goods for which a rise in the price of one leads to a decline in the demand for the other?

A period between a peak and a trough in economic activity?

What is Nominal GDP?

Fill in the blank: Per Capita is literally per head, used to _____ an average value for a pop.

Monopoly

What is Depression

When was Fetty Wap born and what is his average Nominal GDP?

A period between a trough and a peak in economic activity

Fill in the blank: Oligopoly is a(n) ______ in which there are just a few producers.

Fill in the blank: Depression is a severe____

A graphical representation of the quantity of a good or service demanded as function of price?

Fill in the blank: Final goods are goods or _____ that are ______ by their ultimate user.

Market w/ many buyers & sellers trading homogenous good or service, which they're a price taker