| A | B |
|---|
| Inflation | The steady rise of general price levels over time. |
| Depression | An extended period of high unemployment and low demand |
| Recession | A period of falling demand and rising unemployment |
| Prosperity | An extended period of high demand and low unemployment |
| Recovery | A period of increasing demand and increasing employment levels |
| Full Employment | Everybody who wants a job can find one |
| Unemployment Rate | The percentage of people seeking work who cannot find work |
| GDP | A measure of the value of goods and services produced |
