Vocabulario

question 59

Short Answer

Vocabulario. Completa las siguientes oraciones con una palabra apropiada. desarrollo            emperador            hecho            conocimiento      obra                  piedra                  porción      imperio           dominio            dios Moctezuma II fue el último ____________________ azteca.

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Definitions:

Equilibrium GDP

The level of Gross Domestic Product where aggregate supply equals aggregate demand, indicating a balance in an economy's output and expenditures.

Full Employment GDP

The total market value of all final goods and services that could be produced in a year at full employment.

Multiplier

In economics, the factor by which gains in total output are greater than the change in spending that caused it, often used in the context of fiscal policy effects.

Equilibrium GDP

The level of GDP at which total supply and total demand in the economy are equal, resulting in no inherent tendency for the economy to change its level of output.