GDP, Income and Economic Growth

macroeconomics

economic growth

Business cycle

expansion

Recession

inflation rate

Gross domestic product (GDP)

final good/service

intermediate good/service

value-added

net exports

transfer payments

consumption

investment

government purchases

black economy

nominal GDP

real GDP

economic growth rate

price level

GDP deflator

long-run economic growth

labour productivity

capital

human capital

technological change

Potential GDP

economic growth model

per-worker production function

microeconomics