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Match each economic term with its definition.

User Tory
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2 Answers

5 votes
There’s no terms or definition
User Jrwren
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4 votes

Answer:

measures general price changes occurring

in an economy - consumer price index

the total dollar amount of all goods,

services, and structures (buildings)

produced within a country in a year - gross domestic product (GDP)

when one country or organization has

the ability to produce a good or service

at a lower cost than competitors - comparative advantage

an increase in the supply of currency

that results in a decrease in the currency's

value and higher prices - inflation

the result of an alternative option that

is lost because you chose a different plan- opportunity costs

Step-by-step explanation:

PLATO

User Ulf Aslak
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