Investing and macroeconomic performance
vocabulary from chapter 11 sect 3 and chapter 12 in economics
Terms in this set (20)
efficient market hypothesis
the argument that stocks are usually priced correctly and that bargains are hard to find because stocks are followed closely by so many investors
holding a large number of stocks so that increases in some will offset unexpected declines in others
Dow Jones Industrial average
The average cost of 30 selected stocks, used to give an indication of the direction (up or down) of the stock market over time.
Standard and Poor's 500
Five hundred widely held common stocks whose average performance serves as a broad-based measurement of changes in stock price
an agreement to buy or sell a specific amount of a commodity or financial instrument at a particular price on a stipulated future date
A long period of rising stock prices
A steady drop in the stock market over a period of time.
A part of economics that looks at the operation of a nation's economy as a whole
A periodic and official count of a country's population.
consists of basic support systems needed to keep an economy going (power, community-cautions, transportation, water, sanitation, and education)
A large group born in the US between 1946 and 1964, just after WWII
The number of people under the age of 15 and over age 64, compared to the number of people active in the labor force.
The income level below which income is insufficient to support a family or household.
a curve that shows how much the actual distribution of income varies from an equal distribution
Government aid to the poor.
Government coupons that can be used to purchase food.
A health care payment program sponsored by federal & state governments
Gross Domestic Product
The sum total of the value of all the goods and services produced in a nation
Gross National Product
The total value of goods and services, including income received from abroad, produced by the residents of a country within a specific time period, usually one year.
Urban or rural areas in which businesses are encouraged to locate because of tax breaks and other incentives.