click below
click below
Normal Size Small Size show me how
Key Economic Ind 8
| Question | Answer |
|---|---|
| Economic Growth | an increase in GDP per head without any changes in the structure of society |
| Exchange Rate | the price of one currency in terms of another currency |
| GDP (Gross Domestic Product) | measures total value of goods and services produced |
| Labour Force | People between the ages of 16 and 65 who are working or available to work |