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What is the name of the international bank communications network for foreign exchange transactions that connects more than 7,000 banks and broker-dealers?
World War II
A global conflict that lasted from 1939 to 1945, involving most of the world's nations and culminating in significant loss of life and the eventual defeat of Nazi Germany and Imperial Japan.
SARS Epidemic
A viral respiratory disease outbreak caused by the SARS coronavirus (SARS-CoV) that achieved global proportions in 2002-2003.
Full Employment
Refers to the condition in an economy where all available labor resources are being used in the most efficient way possible, essentially meaning that there is no cyclical or involuntary unemployment.
Production Curve
The production curve, often referred to as the production possibility frontier, is a graph that shows the maximum number of goods or services that can be produced with a fixed amount of resources.
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