Money Matters Vocabulary Crossword

monetary inflation occurring at a very high rate.
a general increase in prices and fall in the purchasing value of money.
the idea that money that is available at the present time is worth more than the same amount in the future, due to its potential earning capacity.
the total value of goods produced and services provided in a country during one year
reduction in the rate of inflation.
the act of stimulating the economy by increasing the money supply or by reducing taxes, seeking to bring the economy back up to the long-term trend, following a dip in the business cycle.
is asserted to arise when aggregate demand in an economy outpaces aggregate supply
is inflation caused by an increase in prices of inputs like labour, raw material, etc.
the effectiveness of productive effort, especially in industry, as measured in terms of the rate of output per unit of input
is an economic condition that occurs when the difference between a firm's total revenue and total cost is equal to zero.
the method to recovering an expenditure which a business takes on, is both a specific and general term.
the amount added to the cost price of goods to cover overhead and profit
is a pricing strategy which sets prices primarily, but not exclusively, according to the perceived or estimated value of a product or service to the customer rather than according to the cost of the product or historical prices.
is defined as a process of setting prices of goods/services based on the current market conditions.
Rational behavior refers to a decision-making process that is based on making choices that result in the optimal level of benefit or utility for an individual.
Research findings suggest that emotions and feelings play a decisive role in purchasing, triggered by seeing the product or upon exposure to a well crafted
the buying of goods without planning to do so in advance, as a result of a sudden whim or impulse.
spend less; reduce one's expenses.
make the best or most effective use of (a situation, opportunity, or resource).
reduction of the general level of prices in an economy
marginal benefit is the maximum amount he is willing to pay to consume that additional unit of a good or service.
marginal cost is the change in the opportunity cost that arises when the quantity produced is incremented by one unit, that is, it is the cost of producing one more unit of a good.
systematic approach to calculating and comparing the benefits and costs of a course of action in a given situation
The necessary abilities to be qualified to achieve a certain goal or complete a project with your finances.
A logical and ordered process can help you to do this by making sure that you address all of the critical elements needed for a successful outcome.
the process of dealing with or controlling things or people