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  1. 6. finance, the study of government activities, which may include spending, deficits and taxation.
  2. 7. the economic theory that trade generates wealth and is stimulated by the accumulation of profitable balances, which a government should encourage by means of protectionism.
  3. 9. history, the academic study of economies or economic events of the past.
  4. 14. economics, the study of the labor force as an element in the process of production
  5. 15. growth, an increase in the production of goods and services over a specific period.
  6. 17. trade, the exchange of capital, goods, and services across international borders or territories because there is a need or want of goods or services.
  7. 19. the rate of economic growth, the inflation rate, and the rate of unemployment.
  1. 1. the part of economics concerned with single factors and the effects of individual decisions.
  2. 2. organization, a field of economics dealing with the strategic behavior of firms, regulatory policy, antitrust policy and market competition.
  3. 3. merchandise or possessions.
  4. 4. surplus, the amount by which the value of a country's exports exceeds the cost of its imports.
  5. 5. economics, an applied field of economics concerned with the application of economic theory in optimizing the production and distribution of food and fiber.
  6. 8. the theory or practice of shielding a country's domestic industries from foreign competition by taxing imports.
  7. 9. the study of how individuals and societies choose to employ resources.
  8. 10. the action of inflating something or the condition of being inflated.
  9. 11. economics, the economic study of urban areas; as such, it involves using the tools of economics to analyze urban issues such as crime, education, public transit, housing, and local government finance.
  10. 12. of payments, an accounting of a country's international transactions for a particular time period.
  11. 13. economics, a broad term that refers to the dominant school of thought for economics in the 18th and 19th centuries.
  12. 16. economics, the study of how the allocation of resources and goods affects social welfare.
  13. 18. supply, the total amount of money—cash, coins, and balances in bank accounts—in circulation.