ECO 372 WEEK 1 Economic Definitions Worksheet

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ECO 372 WEEK 1 Economic Definitions Worksheet

ECO 372 WEEK 1 Economic Definitions Worksheet

ECO 372 WEEK 1 Economic Definitions Worksheet Complete the Macroeconomic Terms Worksheet. Click the Assignment Files tab to submit your assignment. Define the following terms in your words.

Term Definition Definition Source
Gross Domestic Product (GDP)
Real GDP
Nominal GDP
Unemployment rate
Inflation rate
Fiscal Policy
Monetary Policy
Aggregate Demand (AD) Curve
Macroeconomics
Microeconomics
Circular Flow Model
Supply Curve
Demand Curve

ECO 372 WEEK 1 Economic Definitions Worksheet