Key Terms

Match each of the terms on the left with its definition on the right. Click on the term first and then click on the matching definition. As you match them correctly they will move to the bottom of the activity.

Question

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Self-regulating economy, p. 309

Keynesian economics, p. 309

Monetary policy, p. 310

Fiscal policy, p. 310

Recession, p. 312

Expansion, p. 312

Business cycle, p. 312

Business-cycle peak, p. 312

Business-cycle trough, p. 312

Long-run economic growth, p. 316

Inflation, p. 320

Deflation, p. 320

Price stability, p. 320

Open economy, p. 321

Trade deficit, p. 321

Trade surplus, p. 321