Economics Vocabulary

1. Sometimes people take money from the government because they can't support themselves. When they do this, we say they _______ _______ (2 words).
5. The amount of money in the economy is called the money _______.
7. It's a verb. It means "bring products into your country from somewhere else."
11. These are people who buy and use things.
13. It's a verb. We use it in economics when a number has been changing for a long time, and then it stops changing and stays at the same level.
14. It's verb. It means that the number or the value of something goes up and down.
15. It's a verb which we use to discuss data. It means "go up", and people often confuse it with "raise".
17. The percentage of people who don't have jobs is called the unemployment _______.
18. Investors but and sell these on the stock market.

2. It's a process which happens in every economy. In this process, prices go up a little bit each year, so money loses a little bit of its value.
3. In economics, if the number or the value of something stays the same for a period of time, we can say it remains _______.
4. Key pieces of data which tell you what's happening in the economy are called economic _______.
6. It's a number which shows how much you can produce with all your inputs (time, money, materials etc.)
8. In economics, when people talk about what will happen next, they say things like "Over the _______ year, prices will increase."
9. It's a verb. It means "to say what you think will happen in the future".
10. It's a verb. It means that the number or the value of something goes down.
12. These are types of food and other products that people use very often in their everyday lives. (2 words)
16. The system which shows how much retail prices change each year is called the retail price _______.