I need definitions for the words on my homework.
Unit 5 – Measuring Economic Performance Vocabulary Worksheet Student Name: _______________________ Date: _________
Define these terms:
1. aggregate demand
2. aggregate supply
3. business cycle
4. consumer price index
5. contraction period
6. cyclical unemployment
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
- Unit 5 – Measuring Economic Performance Vocabulary Worksheet
- Student Name:
- Date:
- Aggregate demand definition space:
- Aggregate supply definition space:
- business cycle definition space:
- consumer price index definition space:
- contraction period definition space:
- cyclical Unemployment definition space:
- deflation definition space:
- depression definition space:
- economic growth definition space:
- expansion period definition space:
- final goods definition space:
- frictional unemployement definition space:
- GDP per capita definition space:
- Gross Domestic product definition space:
- inflation definition space:
- peak definition space:
- producer price index definition space:
- recession definition space:
- seasonal unemployment definition space:
- stagflation definition space:
- structural umemployment definition space:
- trough definition space:
- unemployment definition space:
- unemployment rate definition space: