Complete the Macroeconomic Terms Worksheet.
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University of Phoenix Material
Macroeconomic Terms
Define the following terms in your words.
|
Term |
Definition |
Definition Source |
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Gross Domestic Product (GDP) |
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Real GDP |
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Nominal GDP |
|
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Unemployment rate |
|
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Inflation rate |
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Fiscal Policy |
|
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Monetary Policy |
|
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Aggregate Demand (AD) Curve |
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Macroeconomics
|
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Microeconomics
|
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Circular Flow Model
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Supply Curve
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Demand Curve
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