vocab

2. dollar value
6. the percentage of the workforce who are available for a job but don't have one
8. GDP becomes poistive
11. lowest point of real GPD between the end of a contraction and the beginning of a recovery
14. coming back
15. economic measure of inflation
17. value of market
18. rise in prices
21. study of economics
22. total supply for economy
23. decrease in prices
24. caused by downturn in a business cycle
27. debt nation owes

1. period of large price inflation combined w/ no output growth
3. gov spends too much money
4. long period of time with high unemployment, shrinkinging incomes and general hardships
5. caused by changes in tech or reduced demand for certain products
7. caused by people changing jobs
9. dollar value in product market
10. phase in business cycle when real GDP is declining
12. total demand people are willing to pay
13. increase in value of goods and services produced by the economy
16. relationship of real GDP and Time
19. lack of jobs for willing workers
20. value of goods in a country
25. high point
26. GDP begins to grow beyond previous peak