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The Pyramid Game.

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Presentation on theme: "The Pyramid Game."— Presentation transcript:

1 The Pyramid Game

2 profit Free market Opportunity cost Guns or butter shortage Land, labor, and capital

3 Positive externality Free rider Gross Domestic Product John Maynard Keynes competition Factors of production

4 Inferior goods Adam Smith macroeconomics Command economy Mixed economy Traditional economy

5 Complimentary good Price ceiling equilibrium Total revenue Law of demand Invisible hand

6 diversification Subsidy NASDAQ Operating Budget surplus Price floor

7 Federal Reserve Mutual Fund Bull market Junk Bond Blue chip stock Dow Jones

8 Crowding Out Effect Estate tax Personal tax Exemption Savings Bond Excise tax Hyperinflation


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