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
B W E Q U I L I B R I U M - P O I N T M
K R P Q S M A R K E T - F A I L U R E E
E L U D E H C S - Y L P P U S T Y U E T
E Q E Q U I L I B R I U M - P R I C E S
L R A T I O N - C O U P O N X E I I L Y
U S E S I R C Q E V R U C - Y L P P U S
X Y T I S S E C E N S H O R T A G E T -
U U C R O A P R I C E - S U P P O R T E
R V C S A P U B L I C - G O O D S C A C
Y B L G E G A W - M U M I N I M H C X I
O U T I L I T Y I C A G N I N O I T A R
Y T I L A N R E T X E - E V I T I S O P
R A R U G N I L I E C - E C I R P V A I
N D N A M E D - C I T S A L E N I N H L
L O C H S E Q R O O L F - E C I R P B B
I E X T E R N A L I T I E S U R P L U S
T S G H T Y R E L A T I V E - W O R T H
S U B S I D Y T E K R A M - K C A L B F
Y T I L A N R E T X E - E V I T A G E N
R V V R P R I C E - F R E E Z E L D Y I
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