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