Examlex
A _________________ allows you to distinguish between good performance and bad performance.
Consumer Confidence
A measure of the overall consumer optimism about the state of an economy, reflected through spending and saving behaviors.
Housing Bubble
A temporary condition characterized by an unusual increase in housing prices fueled by demand, speculation, and exuberant spending to the levels that income levels do not support.
Demand Curve
A graph showing the relationship between the price of a good and the quantity demanded by consumers, usually downward sloping to the right indicating inverse relationship between price and quantity demanded.
Normal Good
A good for which demand increases as the income of the consumer increases, and vice versa.
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