Inferior goods Contraction Law of demand Free goods Economic growth Complements Nominal GDP Demand Competitive supply Needs Normal goods Price elasticity of demand (PED) Inflation Cyclical unemployment Peak Unemployment Withdrawal/leakages Real GDP Sustainability Supply Labour Consumer goods Equilibrium Per capita Deflation Recession Underemployment Structural unemployment Mobility of resources Capital Labour force Recovery Excess demand (shortage) Scarcity Seasonal unemployment Labour productivity Substitutes Natural rate of unemployment Cost- push inflation Disinflation Cost of production Joint supply Frictional unemployment Law of supply Capital goods Expansion net export Demand- pull inflation Opportunity cost Production possibility Curve (PPC) Resource/Factors of production Price elasticity of supply (PES) Excess supply (surplus) Entrepreneurship Market Wants Disposable income Total revenue Trough Injection Economic goods Land ceteris paribus Inferior goods Contraction Law of demand Free goods Economic growth Complements Nominal GDP Demand Competitive supply Needs Normal goods Price elasticity of demand (PED) Inflation Cyclical unemployment Peak Unemployment Withdrawal/leakages Real GDP Sustainability Supply Labour Consumer goods Equilibrium Per capita Deflation Recession Underemployment Structural unemployment Mobility of resources Capital Labour force Recovery Excess demand (shortage) Scarcity Seasonal unemployment Labour productivity Substitutes Natural rate of unemployment Cost- push inflation Disinflation Cost of production Joint supply Frictional unemployment Law of supply Capital goods Expansion net export Demand- pull inflation Opportunity cost Production possibility Curve (PPC) Resource/Factors of production Price elasticity of supply (PES) Excess supply (surplus) Entrepreneurship Market Wants Disposable income Total revenue Trough Injection Economic goods Land ceteris paribus
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Inferior goods
Contraction
Law of demand
Free goods
Economic growth
Complements
Nominal GDP
Demand
Competitive supply
Needs
Normal goods
Price elasticity of demand (PED)
Inflation
Cyclical unemployment
Peak
Unemployment
Withdrawal/leakages
Real GDP
Sustainability
Supply
Labour
Consumer goods
Equilibrium
Per capita
Deflation
Recession
Underemployment
Structural unemployment
Mobility of resources
Capital
Labour force
Recovery
Excess demand (shortage)
Scarcity
Seasonal unemployment
Labour productivity
Substitutes
Natural rate of unemployment
Cost-push inflation
Disinflation
Cost of production
Joint supply
Frictional unemployment
Law of supply
Capital goods
Expansion
net export
Demand-pull inflation
Opportunity cost
Production possibility Curve (PPC)
Resource/Factors of production
Price elasticity of supply (PES)
Excess supply (surplus)
Entrepreneurship
Market
Wants
Disposable income
Total revenue
Trough
Injection
Economic goods
Land
ceteris paribus