Friday, October 21, 2011

Week 5 Vocab

Inflation- The rate at which the general level of prices for goods and services is rising. After the reccession the prices of everything inflated.
Gross Domestic Product- The total value of goods produced and services provided in a country durig one year. This year in the United States the gross domestic product numbers went up.
Currency- A system of money in general use in a particular country. The majoriy of U.S currency is paper.
Infrastructure- An underlying base or foundation especially for an organization or system.

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