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The table below contains data for a country. The base year is 2006.
-Refer to the above table.From 2017 to 2018,inflation is ________ and output ________.
Forecasts
Predictions or estimates of future events, especially concerning weather or economic trends.
Renewable Resource
A natural resource that can replenish itself naturally over time, such as solar energy, wind, and forestry.
Invisible Hand
A concept introduced by Adam Smith to describe the self-regulating nature of the market through individuals' pursuit of their own interests.
Consumption
The act of using goods and services to satisfy needs and desires.
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