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