| A | B |
|---|
| GDP | the measurement to determine a country’s overall economic output - the country’s total dollar value of all final goods and services produced in one year. |
| GDP per capita | output per person (GDP divided by the total population) |
| Unemployment rate | includes the people of the labor force that are willing and able to work but are unemployed |
| Inflation | The demand for products and services exceeds the supply |
| Deflation | The prices of products and services are lowered |
| Consumer Price Index | Takes a group of products and compares the prices in one year with an earlier base year |
| Discount rate | offered by the federal reserve to financial institutions for loans. |
| T-bill rate | the yield for short |
| Treasury bond rate | the yield for long |
| Mortgage rate | the amount borrowers pay for home loans. |
| Corporate bond rate | the cost of loans for large US corporations |
| Certificate of deposit rate | paid for deposits for a period of time (6 |
| Productivity | a measure of output from a production process |
| Personal Income | Salaries and wages as well as investment income and government payment (food stamps |
| Retail Sales | US Dept. of Commerce measures the sales of goods bought by consumers |
| Business Cycle | the movement of the economy from one condition to another and back again |
| Prosperity | a period in which employment |
| Recession | a period in which employment |
| Depression | a period in which employment |
| Recovery | a period in which employment |
| Stock | Represents ownership in a business |
