A country's economic output per person

The portion of people in the labor force who are not working

The production output in relation to a unit of input, such as a worker

The movement of the economy from one condition to another and back again.

Put the phases of the Business Cycle in order starting with when the economy is at a peak.

A period in which most people who want to work are working, businesses produce goods and services in record numbers, wages are good, and the rate of GDP growth increases is called:

A period in which demand begins to decrease, businesses lower production, unemployment begins to rise, and GDP growth slows for two or more quarters of the calendar year.

A long period of high unemployment, weak consumer sales, and business failures.

A period in which unemployment begins to decrease, demand for goods and services increases, and GDP begins to rise again.

An increase is the general level of prices

A decrease in the general level of prices

Represents ownership in a corporation

The total amount of money earned by individuals in a country before taxes are deducted is known as:

Which term describes a government-issued debt security that pays interest over a fixed period?

What is the term for a general decline in economic activity across the economy, lasting longer than a few months?

What does GDP stand for?

Which of the following is NOT a component of GDP?

Which of the following is a measure of the total economic output of a country?

Which of the following is NOT included in the calculation of GDP?