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a definition of the money supply that includes everything in M1, but also adds savings deposits, money market funds, and certificates of deposit

compares the share of the total income (or wealth) in society that is received by different groups. 

is the total amount that the government has borrowed to make expenditures that exceed tax revenue—to run a government budget deficit

an exchange – giving up one thing to get something else

is the sum of the value of all assets, including money in bank accounts, financial investments, a pension fund, and the value of a home

something that, if you do not have it for a long period of time, you may die.

The study of the choices that individuals and businesses make and the way thesechoices interact and are influenced by governments.

is a situation that arises because people have unlimited wants in the face of limited resources.

Resources that you can feel, move, smell etc.

A ________  ________ is a choice that uses the available resources to best achieve the objective of the person making the choice.