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12 张
English
Economic concepts
Understand economics with 12 key concepts explained in plain language. Study GDP, inflation, interest rates, supply and demand, recession, fiscal policy, tariffs, and more.
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所有卡片随机排列，适合全面复习或初次学习。
12 张
| 正面 | 返回 |
|---|---|
| Budget deficit | When government spending exceeds revenue |
| Fiscal policy | Government use of spending and taxes to influence the economy |
| Free market | Economy where prices are determined by supply and demand |
| GDP | Gross Domestic Product: total value of goods and services produced in a country |
| Inflation | General rise in prices over time |
| Interest rate | The cost of borrowing money |
| Monetary policy | Central bank actions to control money supply and interest rates |
| Recession | Period of negative economic growth for two or more consecutive quarters |
| Subsidy | Government financial support given to a business or industry |
| Supply and demand | Price is driven by product availability and buyer desire |
| Tariff | Tax imposed on imported goods |
| Trade deficit | When a country imports more than it exports |