Economics Flashcards on GDP, Income and Economic Growth, created by jrath242 on 06/06/2013.
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Created by jrath242
about 11 years ago
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Close
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Created by jrath242
about 11 years ago
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macroeconomics
economic growth
Business cycle
expansion
Recession
inflation rate
Gross domestic product (GDP)
final good/service
intermediate good/service
value-added
net exports
transfer payments
consumption
investment
government purchases
black economy
nominal GDP
real GDP
economic growth rate
price level
GDP deflator
long-run economic growth
labour productivity
capital
human capital
technological change
Potential GDP
economic growth model
per-worker production function
microeconomics
