| A | B |
|---|
| Inflation | An increase in the general price level |
| Stock | Represents ownership in a corporation |
| Budget deficit | Government spends more than it takes in |
| Unemployment Rate | The portion of people in the labor force who are not working |
| Retail Sales | The sales of durable and nondurable goods bought by consumers |
| Prosperity | A period in which unemployment is low, business produce many goods and services, and wages are good |
| Price Index | A number that compares prices in one year with prices in some earlier base year |
| Recession | A period in which demand, production, and GDP growth decrease and unemployment begins to rise |
| Capital project | Spending by business for items such as land, buildings, and equipment |
| Recovery | The phase in which unemployment decreases, demand for goods and services increases, and GDP begins to rise |
| Business Cycle | The movement of an economy from one condition to another and back again |
| National Debt | The total amount owed by the federal government |
| Gross Domestic Product | The total value of all final goods and services produced in a country in one year |
| Budget surplus | Government spends less than it takes in |
| Depression | A phase marked by a long period of high and severe unemployment, weak consumer sales, and business failures |
| A bond | Represents debt for an organizaiton |
| Wages | Salaries and wages as well as investment income and government payments to individuals |
| GDP Per Capita | The GDP divided by the total population of a country |
| Deflation | A decrease in the general price level |
| Productivity | Production output in relation to a unit of input, such as a worker |
