Authority and ____ are synonymous terms.

Before capital accumulation can take place, __________.

Benchmark jobs are _____.

Business firms supply goods and services to ____ and purchase factors of production in ____.

If the fed _____________________, the money supply will ultimately __________.

If the government sets a price on dog food that is below the equilibrium price, ______.

A place where people exchange goods and services is called a _____.

The private benefit is ________, while the social benefit is ________.

If demand is inelastic, a price ________ causes ________ in total revenue.

The excess return is the _________.

Gross domestic product (gdp) includes _____ goods and services.