Complete the Following Using the Terms Listed Below

Multiple Choice

Complete the following using the terms listed below:
-_____ refers to the willingness and ability of buyers to purchase goods and services at various prices.

A) Consumer Price Index (CPI)
B) inflation
C) gross domestic product (GDP)
D) fiscal policy
E) monetary policy
F) equilibrium price
G) budget deficit
H) pure competition
I) supply
J) demand
K) productivity
L) recession
M) microeconomics
N) oligopoly
O) monopoly