Purchasing power
Date: 2015-10-07; view: 475.
Deflation
Consumer
Household
Income
Output
GNP/gross national product
GDP /gross domestic product
Average
To fluctuate
To adjust
Pattern
Performance
Gain (s)
Recovery
Depression
Recession
Downturn
Boom
Slowdown
Business cycle
Trend
Rate
Inventories
Utilities
Mining
Manufacturing
Production
Industry
Business
To intervene
Policy makers
Survey
Indicator
Economy
TOPICAL VOCABULARY UNIT I
· emerging economies
· industrialized economies (advanced economies)
· economies of scale
· real economy
· economic
· economical
· economics
· leading indicator
· lagging indicator
· coincident indicator
· to track indicators
· intervention
· industrial production
· growth rate
· unemployment rate
· profit rate
· interest rate
· exchange rate
· birth rate
· at an annual rate
· syn. annualized
· syn. Tendency
· syn. economic cycle
· boom-bust-cycle
· syn. Downswing
· double-dip recession
· the Great Depression
· to recover
| 22. prosperity |
| 23. expansion |
· to prosper
· to expand
| 24. contraction |
· to contract
· seasonal pattern
· seasonal adjustment
· adjusted for inflation
· fluctuation
· at an average
· real GDP (adjusted for inflation)
· nominal GDP
· GDP per person/head/ capita
· real income
· household income
· consumer demand
| 37. inflation · inflationary pressure |
· syn. purchasing capacity
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