Economic Indicators

2. A period of economic growth, characterized by rising GDP low unemployment healthy sales, and steady wage growth.
3. A summary measure of average achievement in key dimensions of human development based on health wealth and education levels.
4. A statistical measure of distribution used as a gauge of economic inequality, which measures income distribution among a population.
8. Events that decrease availability of resources and disrupt the circular flow of goods, which has an impact on the business cycle such as war or natural disasters.
10. the most widely reported measure of inflation.
12. A contraction that lasts for at least six months.
13. Measure of the percentage of the labor force that wishes to work, but is currently out of a job.
15. This measures the economic freedom in 186 countries based on trade business investment and property freedom.
16. The total value of everything produced in the country in a given time which is seen as an indicator of the size of the economy.
17. includes anyone sixteen years or older that is working or looking for work.
18. A period of economic expansion followed by period of contraction.
19. A particularly severe and long contraction.

1. Innovation or other factors that increase availability of resources and enhance the circular flow of goods.
5. Businesses grow when people lend money to business through the purchase of stocks or bonds.
6. If consumers are optimistic about the economy they are more likely to spend more money stimulating the economy.
7. how consumers feel about the state of the economy which impact if they are willing to take financial risks
9. the lowest point of the contraction where the economy will begin to stabilize before beginning the next expansion.
11. The height of economic expansion where the gross domestic product is as high as it will go for that particular cycle.
14. Price to borrow money set by the Federal Reserve
15. The rise in the average prices of all goods and services.