A nation’s standard of living is measured by the amount of goods and services…….to its citizens.

The term “wage” refers to the earnings of workers paid ……….

Economics is a social science that describes and analyses choices from scares resources to…

A corporation is a business organization created under a government……..

The contract is said … for the benefit of both parties.

A ………is a market where brokers meet to buy and sell stocks and bonds to their customers.

……stability is the absence of significant changes in the average price level.

Resources in a market economy are allocated in accordance with the law of………

The quality of paper and engravings make money difficult to……….

As business and consumer spending begins to increase, the economy will enter the ……phase.