Measuring Economic Performance Vocabulary

Define these terms:
1. aggregate demand
2. aggregate supply
3. business cycle
4. consumer price index
5. contraction period
6. cyclical unemployment

 

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7. deflation
8. depression
9. economic growth
10. expansion period
11. final goods
12. frictional unemployment
13. GDP per capita
14. gross domestic product
15. inflation
16. peak
17. producer price index
18. recession
19. seasonal unemployment
20. stagflation
21. structural unemployment
22. trough
23. unemployment
24. unemployment rate

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