t3

• economics growth

  an increase in the amount of goods and services produced per head of the population over a period of time. 

  
  

  Change in GDP over time. 
• inflation


  a general increase in prices and fall in the purchasing value of money. 
• unemployment rate


  the percentage of people in the labour force that are unemployed. 
• household saving ratio


  the household saving rate is defined as gross household saving divided by gross disposable income.