| A | B |
|---|
| budget deficit | A situation where a government spends more money than it takes in over a period of time |
| budget surplus | Government spends less than it takes in |
| capital project | Spending by businesses for items such as land, buildings, and equipment |
| gross domestic product (GDP) | Total value of all goods and services produced in a country in one year |
| GDP per capita | The GDP divided by the total population of a country |
| national debt | The total amount owed by the federal government |
| personal income | Salaries and wages as well as investment income and government payments to individuals |
| price index | A number that compares prices in one year with some earlier base year |
| retail sales | The sales of durable and nondurable goods bought by consumers |
| stock | Represents ownership in a corporation |
