Economics in One Lesson: The Shortest & Surest Way to Understand Basic Economics
mendi926Vocabulary listFjalë: 5Anglisht
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EconomicsThe study of how individuals or societies manage and allocate resources
PĂ«rkufizimet:
The branch of knowledge concerned with the production, consumption, and transfer of wealth
InflationAn overall rise in prices across the economy
PĂ«rkufizimet:
The rate at which the general level of prices for goods and services is rising
SupplyThe amount of goods or services available
PĂ«rkufizimet:
Something provided or available for a particular purpose
DemandThe desire, willingness, and ability to purchase goods or services
PĂ«rkufizimet:
An insistent and peremptory request, made as if by right
ScarceNot enough or scant in relation to demand
PĂ«rkufizimet:
(especially of food, money, or some other resource) insufficient for the demand