Economics

The study of buying and selling

The organization of industries and markets

The study of human behaviour in the allocation of scarce resources

National development, planning and budgeting

The study of market forces as they affected human behaviour

has attained full employment but not full production

has attained full production but not full employment

is using its resources inefficiently

has attained both full employment and full production

has a lower output level than it should have

deflation

stable prices

recession

inflation

harvest

rate of increase in a country's full employment and real output

rate of increase in a nation's total population

rate of increase in inflation

rate of decrease inflation

growth in birth rate

total number of people in the market

total demand for the commodity

quantity of the commodity supplied

interaction of demand and supply

law of demand