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macroeconomics

QuestionAnswer
GDP gross domestic product- tracks the wealth of a country's economy
SUPPLY CHAIN a network of people and entities who are involved in creating a product and delivering to its customers
INFLATION the overall general upward price movement of goods and services in an economy
ECONOMIC EXPANSION sustained increase in a nation's overall economic output
GDP gross domestic product- tracks the wealth of a country's economy
SUPPLY CHAIN a network of people and entities who are involved in creating a product and delivering to its customers
INFLATION the overall general upward price movement of goods and services in an economy
ECONOMIC EXPANSION sustained increase in a nation's overall economic output
FISCAL POLICY how the government controls the economy
MONETARY POLICY federal bank owned side of the economy
Created by: Khulan Becar
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