Vocabulary Tests Available for:
"Test 2: (3rd Period Matching)"
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capital
competition
consumer sovereignty
economic systems
economics
efficiency
eminent domain
factor market
factor payment
firm
free contract
free market economy
guns vs butter
household
incentive
innovation
interest group
invisible hand
land
law of increasing cost
legal equality
market
open opportunity
opportunity cost
patriotism
private property rights
product market
profit
profit motive
public disclosure laws
public interest
scarcity
self - interest
shortage
specialization
standard of living
trade offs
traditional economy
underutilization
voluntary exchange