Econ: Economic Indicators Review



Economic Indicators Review: Gross Domestic Product (GDP), GDP per capita, expenditure approach, income approach, business cycle, unemployment, labor force, discouraged worker, underemployment, unemployment rate, cyclical unemployment, structural unemployment, seasonal unemployment, frictional unemployment, recession, depression, inflation, Consumer Price Index (CPI), inflation rate, base year, demand-pull inflation, cost-push inflation, hyperinflation, stagflation, deflation, Phillips curve


Homework:
Read chapter 13 pp.251-261

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