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Question


a. age distribution k. monetary inflation
b. base industry l. monetize the debt
c. buying pattern m. primary industry
d. cost-push inflation n. real
e. demand o. real-cost inflation
f. demand-pull inflation p. secondary industry
g. economic base q. service industry
h. employment multiplier r. short-run demand
i. Federal Reserve Board s. supply
j. long-run demand t. vulnerability
1> an industry that produces goods or services for export from the region; also called primary or export industries
2> an industry that produces goods or services to sell to local residents
3> the ability of a region to export goods and services to other regions
4> higher prices due to buyers bidding against each other
5> higher prices due to greater effort needed to produce the same product today
6> higher prices due to increased costs of labor and supplies
7> results from increasing the money supply faster than increases in goods and services to buy
8> governing board of the nation's central bank
9> inflation-adjusted
10> the creation of money by the Federal Reserve to purchase Treasury securities
11> population distribution based on year of birth
12> industries that produce goods and services for export; also called base or export industries.
13> producers of goods and services that are not exported; also called service or filler industries
14> dependency on the number of base industries present and the ability of those industries to continue to consistently export their products
15> describes the number of people employed in local service industries as a function of the number of people employed in a base industry
16> price changes for developed real property can be rapid and dramatic over short periods of time
17> availability of housing in a community
18> the requirement for housing in a community
19> future demand for housing as seen by looking at the population and the ability of people to obtain income at various age levels
20> requirement for housing based on age and income patterns

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