Society: The Price System

Vocabulary for the price system chapter (6)

The Price System
Vocabulary for the price system chapter (6)

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BLACK-MARKET
CRISES
DEMAND
ELASTIC-DEMAND
EQUILIBRIUM-POINT
EQUILIBRIUM-PRICE
EXTERNALITIES
INELASTIC-DEMAND
LUXURY
MARKET-FAILURE
MINIMUM-WAGE
NECESSITY
NEGATIVE-EXTERNALITY
POSITIVE-EXTERNALITY
PRICE-CEILING
PRICE-FLOOR
PRICE-FREEZE
PRICE-SUPPORT
PRICE-SYSTEM
PUBLIC-GOODS
RATION-COUPON
RATIONING
RELATIVE-WORTH
SHORTAGE
SUBSIDY
SUPPLY-CURVE
SUPPLY-SCHEDULE
SURPLUS
TAX
UTILITY
P E Q U I L I B R I U M - P R I C E R U
R O B R B S U P P L Y - S C H E D U L E
I M S E Q U I L I B R I U M - P O I N T
C B I I N E L A S T I C - D E M A N D S
E V N N T A X M E T S Y S - E C I R P H
- X G E I I P U B L I C - G O O D S O K
C S N C I M V S U P P L Y - C U R V E T
E U I E R Q U E X T E R N A L I T I E S
I R N S T I Y M - P I H T H I N H W J H
L P O S O B S R - E R L R S D Y A J S O
I L I I T P R E U W X I I V U T M T V R
N U T T Q F H D S X A T C T N B H S O T
G S A Y Z E H B U Q U G E E Y S S O L A
H T R O W - E V I T A L E R - L E I Z G
E Z E E R F - E C I R P K X N F H K D E
N E G A T I V E - E X T E R N A L I T Y
Z Z B B L A C K - M A R K E T X L O L Y
R A T I O N - C O U P O N T K I C I O Q
R E R U L I A F - T E K R A M H G A T R
B T R O P P U S - E C I R P X C Q H X Y
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