Matching Pairs 3-1 Keyword matchOnline version Please use information in the textbook to match the keywords to their definitions. by Jeni Garcia 1 Gross Domestic Product (GDP) 2 Productivity 3 Time value of money 4 Deflation 5 Hyperinflation 6 Demand pull inflation 7 Inflation 8 Disinflation 9 Reflation 10 Cost push inflation Value of all goods and services produced by a country in a given time period. Rapidly rising prices that are out of control An increase in the general level of prices for goods and services. Rising prices as consumers want to buy more goods and services than producers can supply. A decrease in the general level of prices for goods and services. A concept that says that a dollar you receive in the future will be worth less than a dollar you receive in the present (today) Rising prices but with the rate of increase slowing down. Rising prices as the result of rising production costs. A measure of the efficiency with which goods and services are made. High prices followed by lower prices followed by higher prices again
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