Chapter 7 Vocab

6. The price of a product goes up if the ______ is high
9. The _____ went up 3% over 5 years
11. When there is too much money and not enough goods there is ____
13. If the _____ is low, there is limited quantities
14. By measuring the ____, a company see how the market is going
15. Many companies will have ____ against competitors in aspects such as customer service
16. There has been great ____ in history that has collapsed certain countries
17. When the price of a product is balanced, it has reached _____
19. Prices of products can be reflected by the _____

1. The ______ of a country is often taken to measure if the country is in poverty
2. A country can test the _____ and see how well the population is living
3. The ______ in our country is at an all time high
4. The ______ has been decreasing lately
5. Chick-fil-a has a _____ in customer service
7. GDP that is measured in a certain area is ____
8. The _____ has skyrocketed since the country started printing more money
10. The company I work for has a strong ______
12. ______ is a main goal of many companies
18. Companies look for _____ when deciding when to market their products
20. With inflation not mattering, my teacher had me check the countries _____