{"id":451,"date":"2018-05-17T13:06:00","date_gmt":"2018-05-17T17:06:00","guid":{"rendered":"http:\/\/iblog.dearbornschools.org\/biggars\/?p=451"},"modified":"2018-05-17T13:06:00","modified_gmt":"2018-05-17T17:06:00","slug":"econ-6-3-vocab","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/biggars\/2018\/05\/17\/econ-6-3-vocab\/","title":{"rendered":"Econ 6.3 Vocab"},"content":{"rendered":"
    \n
  1. price ceiling: the highest legal price that can be charged for a product<\/li>\n
  2. price floor: the lowest legal price that can be paid for a good or service<\/li>\n
  3. minimum wage: lowest legal wage that can be paid to most workers<\/li>\n
  4. unemployed: having no job<\/li>\n
  5. income: money that is made by working<\/li>\n
  6. Great Depression: a period where Americans lost jobs and the stock market crashed in the 1920s<\/li>\n
  7. target prices: the floor for agricultural products to stabilize farm income<\/li>\n
  8. loan: money that is borrowed<\/li>\n
  9. penalty: punishment, extra money paid<\/li>\n
  10. agriculture: farming<\/li>\n
  11. crops: goods grown on farms<\/li>\n
  12. deficiency payment: cash payment that makes up the difference between the market price and the target price<\/li>\n
  13. investors: someone who spends money in order to make more money<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

    price ceiling: the highest legal price that can be charged for a product price floor: the lowest legal price that can be paid for a good or service minimum wage: lowest legal wage that can be paid to most workers unemployed: having no job income: money that is made by working Great Depression: a period […]<\/p>\n","protected":false},"author":2107,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-451","post","type-post","status-publish","format-standard","hentry","category-econ"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/biggars\/wp-json\/wp\/v2\/posts\/451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iblog.dearbornschools.org\/biggars\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iblog.dearbornschools.org\/biggars\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/biggars\/wp-json\/wp\/v2\/users\/2107"}],"replies":[{"embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/biggars\/wp-json\/wp\/v2\/comments?post=451"}],"version-history":[{"count":0,"href":"https:\/\/iblog.dearbornschools.org\/biggars\/wp-json\/wp\/v2\/posts\/451\/revisions"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/biggars\/wp-json\/wp\/v2\/media?parent=451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/biggars\/wp-json\/wp\/v2\/categories?post=451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/biggars\/wp-json\/wp\/v2\/tags?post=451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}