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Economic indicators
Economic indicators
8
Finance
Professional
09/07/2020

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Cards

Term
Population
Definition
the number of people who live in a country
Term
Gross domestic product (GDP)
Definition
the total size of an economy
Term
Growth rate
Definition
the rate of expansion in the economy
Term
Interest rates
Definition
the cost of borrowing money from a bank
Term
Unemployment rate
Definition
the number of people with no job
Term
Inflation
Definition
the movement of prices in the economy
Term
Exchange rate
Definition
the value of a country's money compared with other currencies, such as the US dollar
Term
Balance of trade
Definition
the relation between imports and exports
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