Study skills - Samuelson 3 (1) Flashcards
(128 cards)
1
Q
- faster or greater activity, development, progress, advancement, etc.
A
accelerated
2
Q
- an additional benefit, esp. the amount by which the value of an article is increased at some stage of its production; also called value added
A
added value
3
Q
- to speak or write in favor of; support or urge by argument; recommend publicly
A
advocate
4
Q
- equipment
A
apparel
5
Q
- Something valuable that an entity owns, benefits from, or has use of, in generating income.
A
asset
6
Q
- anything built or serving to bar passage, as a railing, fence, or the like / anything that restrains or obstructs progress, access, etc.
A
barrier
7
Q
- the application of the natural sciences, especially the biological and physiological sciences, to clinical medicine
A
biomedicine
8
Q
- Financial market consisting of bond issuers, underwriters, buyers, and brokers/dealers.
A
bond market
9
Q
- goods or cargo not in packages or boxes, usually transported in large volume, as grain, coal, or petroleum
A
bulk
10
Q
- the movement of money for the purpose of investment, trade or business production
A
capital flow
11
Q
- the effect, result, or outcome of something occurring earlier / an act or instance of following something as an effect, result, or outcome / the conclusion reached by a line of reasoning / importance or significance:
A
consequence
12
Q
- the using up of goods and services having an exchangeable value
A
consumption
13
Q
- harmful or undesirable contact or influence
A
contagion
14
Q
- to give (money, time, knowledge, assistance, etc.) to a common supply, fund, etc., as for charitable purposes
A
contribute to
15
Q
- coming together of distinct and separate factors or phenomenon such as technologies
A
convergence
16
Q
- The process of looking for, finding and removing unwarranted expenses from a business to increase profits without having a negative impact on product quality. Many business managers will engage in periodic cost reduction drives in order to make their company’s operation more efficient and to boost profits.
A
cost reduction
17
Q
- a downward movement, as of prices or population; diminution
A
decline
18
Q
- to be a mark or sign of; indicate / to be a name or designation for; mean / to represent by a symbol; stand as a symbol for
A
denote
19
Q
- or concentrate on a particular pursuit, occupation, purpose, cause, etc.
A
devote
20
Q
- putting out of place
A
dislocation
21
Q
- to disassemble or pull down; take apart
A
dismantle
22
Q
- to move or put out of the usual or proper place
A
displace
23
Q
-an outbreak of disorder; a breach of public peace
A
disturbance
24
Q
- one of the parts into which a thing is divided; section.
A
division
25
- indigenous to or produced or made within one's own country; not foreign; native
domestic
26
- proof
evidence
27
- the quality of growing profusely; luxuriance
exuberance
28
- the management of revenues; the conduct or transaction of money matters generally, especially those affecting the public, as in the fields of banking and investment
finance
29
- A document (such as a check, draft, bond, share, bill of exchange, futures or options contract) that has a monetary value or represents a legally enforceable (binding) agreement between two or more parties regarding a right to payment of money. See also debt instrument, equity instrument, and financing instrument.
financial instrument
30
- Market for sale and purchase of stocks (shares), bonds, bills of exchange, commodities, futures and options, foreign currency, etc., which work as exchanges for capital and credit.
financial market
31
- a part as distinct from the whole of anything; portion or section
fraction
32
- to get (something desired), especially as a result of one's efforts / to acquire as an increase or addition / to obtain as a profit
gain
33
- articles of trade; wares; merchandise
goods
34
- buying and selling of goods and services
goods market
35
- A measurement of the distribution of income that highlights the gap between individuals or households making most of the income in a given country and those making very little.
income inequality
36
- to come into or acquire (some consequence, usually undesirable or injurious) / to become liable or subject to through one's own action; bring or take upon oneself
incur
37
- the process of translating an idea or invention into a good or service that creates value or for which customers will pay
innovation
38
- to cover, line, or separate with a material that prevents or reduces the passage, transfer, or leakage of heat, electricity, or sound / to place in an isolated situation or condition; segregate.
insulate
39
- an act or instance of combining into an integral whole / an act or instance of integrating a racial, religious, or ethnic group / an act or instance of integrating an organization, place of business, school, etc
integration
40
- the annualized cost of credit or debt-capital computed as the percentage ratio of interest to the principal
interest rate
41
- a point in question or a matter that is in dispute, as between contending parties in an action at law / a point, matter, or dispute, the decision of which is of special or public importance: the political issues/ a point the decision of which determines a matter
issue
42
- productive activity, especially for the sake of economic gain
labo(u)r
43
- the sum of all wages paid to employees, as well as the cost of employee benefits and payroll taxes paid by an employer. The cost of labor is broken into direct and indirect costs.
labo(u)r cost
44
- to take charge or care of / to handle, direct, govern, or control in action or use
manage
45
- production
output
46
- a rate of movement, especially in stepping, walking, etc. / a rate of activity, progress, growth, performance, etc.; tempo
pace
47
- a person responsible for making policy, especially in government.
policymaker
48
- a person who creates economic value, or produces goods and services
producer
49
- Mechanical or chemical steps used to create an object, usually repeated to create multiple units of the same item. Generally involves the use of raw materials, machinery and manpower to create a product.
production process
50
- Governmental policy aimed at shielding a fragile economy, or a weak or critical sector, from cheaper or better imports through imposition of high duty rates (tariff barriers), quotas, and/or inordinately stringent or time consuming inspection or quality regulations (non-tariff barriers). All countries practice protectionism in one form or another but, generally, without going to any extreme.
protectionism
51
- Proportionate share or part, such as a sales quota. / Limitation on the quantity that must not be exceeded, such as an import quota.
quota
52
- Limitations which cannot be exceeded or rules which cannot be broken. These can be either explicit or implicit.
restrictions
53
- Difference between a risk-free return (such as from government bonds) and the total return from a risky investment (such as equity stock).
risk premium
54
- The portion of disposable income not spent on consumption of consumer goods but accumulated or invested directly in capital equipment or in paying off a home mortgage, or indirectly through purchase of securities.
savings
55
- something beneath, behind, or within which a person, animal, or thing is protected from storms, missiles, adverse conditions, etc.; refuge
shelter
56
- to put or take on board a ship or other means of transportation; to send or transport by ship, rail, truck, plane, etc
ship
57
- any effect of a drug, chemical, or other medicine that is in addition to its intended effect, especially an effect that is harmful or unpleasant / any accompanying or consequential and usually detrimental effect
side effect
58
- the alteration or breakdown of social life, often in a community setting
social disruption
59
-something that gives comfort, consolation, or relief
solace
60
- a place where shares are bought and sold, i.e. a stock exchange
stock market
61
- Entire network of entities, directly or indirectly interlinked and interdependent in serving the same consumer or customer. It comprises of vendors that supply raw material, producers who convert the material into products, warehouses that store, distribution centers that deliver to the retailers, and retailers who bring the product to the ultimate user.
supply chain
62
- an official list or table showing the duties or customs imposed by a government on imports or exports / the schedule or system of duties so imposed
tariff
63
- Commercial transaction involving the sale and purchase of a good, service, or information.
trade
64
- to become active; activate
trigger
65
accelerated
- faster or greater activity, development, progress, advancement, etc.
66
added value
- an additional benefit, esp. the amount by which the value of an article is increased at some stage of its production; also called value added
67
advocate
- to speak or write in favor of; support or urge by argument; recommend publicly
68
apparel
- equipment
69
asset
- Something valuable that an entity owns, benefits from, or has use of, in generating income.
70
barrier
- anything built or serving to bar passage, as a railing, fence, or the like / anything that restrains or obstructs progress, access, etc.
71
biomedicine
- the application of the natural sciences, especially the biological and physiological sciences, to clinical medicine
72
bond market
- Financial market consisting of bond issuers, underwriters, buyers, and brokers/dealers.
73
bulk
- goods or cargo not in packages or boxes, usually transported in large volume, as grain, coal, or petroleum
74
capital flow
- the movement of money for the purpose of investment, trade or business production
75
consequence
- the effect, result, or outcome of something occurring earlier / an act or instance of following something as an effect, result, or outcome / the conclusion reached by a line of reasoning / importance or significance:
76
consumption
- the using up of goods and services having an exchangeable value
77
contagion
- harmful or undesirable contact or influence
78
contribute to
- to give (money, time, knowledge, assistance, etc.) to a common supply, fund, etc., as for charitable purposes
79
convergence
- coming together of distinct and separate factors or phenomenon such as technologies
80
cost reduction
- The process of looking for, finding and removing unwarranted expenses from a business to increase profits without having a negative impact on product quality. Many business managers will engage in periodic cost reduction drives in order to make their company's operation more efficient and to boost profits.
81
decline
- a downward movement, as of prices or population; diminution
82
denote
- to be a mark or sign of; indicate / to be a name or designation for; mean / to represent by a symbol; stand as a symbol for
83
devote
- or concentrate on a particular pursuit, occupation, purpose, cause, etc.
84
dislocation
- putting out of place
85
dismantle
- to disassemble or pull down; take apart
86
displace
- to move or put out of the usual or proper place
87
disturbance
-an outbreak of disorder; a breach of public peace
88
division
- one of the parts into which a thing is divided; section.
89
domestic
- indigenous to or produced or made within one's own country; not foreign; native
90
evidence
- proof
91
exuberance
- the quality of growing profusely; luxuriance
92
finance
- the management of revenues; the conduct or transaction of money matters generally, especially those affecting the public, as in the fields of banking and investment
93
financial instrument
- A document (such as a check, draft, bond, share, bill of exchange, futures or options contract) that has a monetary value or represents a legally enforceable (binding) agreement between two or more parties regarding a right to payment of money. See also debt instrument, equity instrument, and financing instrument.
94
financial market
- Market for sale and purchase of stocks (shares), bonds, bills of exchange, commodities, futures and options, foreign currency, etc., which work as exchanges for capital and credit.
95
fraction
- a part as distinct from the whole of anything; portion or section
96
gain
- to get (something desired), especially as a result of one's efforts / to acquire as an increase or addition / to obtain as a profit
97
goods
- articles of trade; wares; merchandise
98
goods market
- buying and selling of goods and services
99
income inequality
- A measurement of the distribution of income that highlights the gap between individuals or households making most of the income in a given country and those making very little.
100
incur
- to come into or acquire (some consequence, usually undesirable or injurious) / to become liable or subject to through one's own action; bring or take upon oneself
101
innovation
- the process of translating an idea or invention into a good or service that creates value or for which customers will pay
102
insulate
- to cover, line, or separate with a material that prevents or reduces the passage, transfer, or leakage of heat, electricity, or sound / to place in an isolated situation or condition; segregate.
103
integration
- an act or instance of combining into an integral whole / an act or instance of integrating a racial, religious, or ethnic group / an act or instance of integrating an organization, place of business, school, etc
104
interest rate
- the annualized cost of credit or debt-capital computed as the percentage ratio of interest to the principal
105
issue
- a point in question or a matter that is in dispute, as between contending parties in an action at law / a point, matter, or dispute, the decision of which is of special or public importance: the political issues/ a point the decision of which determines a matter
106
labo(u)r
- productive activity, especially for the sake of economic gain
107
labo(u)r cost
- the sum of all wages paid to employees, as well as the cost of employee benefits and payroll taxes paid by an employer. The cost of labor is broken into direct and indirect costs.
108
manage
- to take charge or care of / to handle, direct, govern, or control in action or use
109
output
- production
110
pace
- a rate of movement, especially in stepping, walking, etc. / a rate of activity, progress, growth, performance, etc.; tempo
111
policymaker
- a person responsible for making policy, especially in government.
112
producer
- a person who creates economic value, or produces goods and services
113
production process
- Mechanical or chemical steps used to create an object, usually repeated to create multiple units of the same item. Generally involves the use of raw materials, machinery and manpower to create a product.
114
protectionism
- Governmental policy aimed at shielding a fragile economy, or a weak or critical sector, from cheaper or better imports through imposition of high duty rates (tariff barriers), quotas, and/or inordinately stringent or time consuming inspection or quality regulations (non-tariff barriers). All countries practice protectionism in one form or another but, generally, without going to any extreme.
115
quota
- Proportionate share or part, such as a sales quota. / Limitation on the quantity that must not be exceeded, such as an import quota.
116
restrictions
- Limitations which cannot be exceeded or rules which cannot be broken. These can be either explicit or implicit.
117
risk premium
- Difference between a risk-free return (such as from government bonds) and the total return from a risky investment (such as equity stock).
118
savings
- The portion of disposable income not spent on consumption of consumer goods but accumulated or invested directly in capital equipment or in paying off a home mortgage, or indirectly through purchase of securities.
119
shelter
- something beneath, behind, or within which a person, animal, or thing is protected from storms, missiles, adverse conditions, etc.; refuge
120
ship
- to put or take on board a ship or other means of transportation; to send or transport by ship, rail, truck, plane, etc
121
side effect
- any effect of a drug, chemical, or other medicine that is in addition to its intended effect, especially an effect that is harmful or unpleasant / any accompanying or consequential and usually detrimental effect
122
social disruption
- the alteration or breakdown of social life, often in a community setting
123
solace
-something that gives comfort, consolation, or relief
124
stock market
- a place where shares are bought and sold, i.e. a stock exchange
125
supply chain
- Entire network of entities, directly or indirectly interlinked and interdependent in serving the same consumer or customer. It comprises of vendors that supply raw material, producers who convert the material into products, warehouses that store, distribution centers that deliver to the retailers, and retailers who bring the product to the ultimate user.
126
tariff
- an official list or table showing the duties or customs imposed by a government on imports or exports / the schedule or system of duties so imposed
127
trade
- Commercial transaction involving the sale and purchase of a good, service, or information.
128
trigger
- to become active; activate
