Economy, Macro & Market Cycles
3 terms
Economy, Macro & Market Cycles
GDP Growth Rate
The percentage change in real gross domestic product from one period to the corresponding earlier one.
Economy, Macro & Market CyclesGross Domestic Product
The total market value of all final goods and services produced within a country in a given period.
Economy, Macro & Market CyclesGross Value Added
The value of output less the value of intermediate inputs, measured before product taxes and subsidies.