Ty Benzin Econ U2 Final

2. mutual funds that try to match the performance of the stock market in general (two words)
3. something tangible to satisfy wants or needs
6. spreading out where you keep your money so that if one company goes bankrupt you don’t lose everything
9. a list of quantities supplied at specific prices (two words)
14. the goods/services you would have made, your second choice (two words)
17. when the government has very little to no influence on the economy
19. the average price of about 400 commonly purchased goods and services, used to measure the inflation rate
23. the amount of a good or service that consumers are willing and able to consume at different prices
24. the extra usefulness or satisfaction gained from more of something (two words)
25. tax on imports to increase the price of imports

1. the number of people unemployed divided by the civilian labor force (two words)
4. land labor and capital (three words)
5. mutual funds that don’t earn very much interest but are a safe place to keep your money (two words)
7. actions by congress to increase or decrease aggregate demand in order to fight high inflation, recession, and stagflation (two words)
8. how many dollars worth of goods and services are made in the US over time (three words)
10. how thoughts about the future can affect demand (three words)
11. products used together
12. when people are unemployed because of a recession, the worst kind of unemployment (two words)
13. mutual funds that primarily buy stock in US based companies (three words)
15. Austrian economist who supported free market economics and opposed Keynes
16. something you’d like to have/do but that you won’t die without
18. the person who manages a mutual fund (two words)
20. a combination of inflation and recession, treated like high inflation
21. people who favor trade barriers to protect domestic industries
22. products that can be used in place of each other