APPEC

is a statistic about the economy. it allows analysis of economic performances an prediction of future performance.

Formerly called as gross national product

• GNI

• GDP

GNI

GDP

the total amount of money earned by a nation's people and businesses, both inside and outside of the nation's borders.

• GNI

• GDP

measures the monetary value of final goods and services that is produced within the country's borders in a specific period.

• GNI

• GDP

is the amount of good that buyers are willing and able to buy

another term for quantity demanded

law of demand is what kind of relationship?

• direct relationship

• inverse relationship

law of supply is what kind of relationship?

• direct relationship

• inverse relationship