| A | B |
|---|
| gross domestic product | how economy is calculated |
| inflation | rising prices |
| deflation | prices lowering |
| recession | people are losing jobs and not buying |
| depression | lots of people out of work for a long period of time |
| recovery | unemployment rate improving and people buying |
| prosperity | people are all employed and buying lots |
| prime rate | low interest rate on loans |
| budget surplus | take in more from taxes than spent |
| budge deficit | spend more than taxes taken in |
| national debt | the amount a nation owes |
| retail sales | selling to final customer |
| wholesales | sell to the retailer |
| GDP | gross domestic product |
| personal income | money earned from salary, interest rate |
