GROSSNATIONALPRODUCT
GROSSDOMESTICPRODUCT
MACROECONOMICS
BUSINESSCYCLE
TRADEBALANCE
TRADEDEFICIT
TRADESURPLUS
DEPRESSION
EXPANSION
RECESSION
C
U
R
V
D
O
T
H
I
C
D
J
A
A
E
K
O
D
H
O
I
G
O
L
E
B
E
H
I
E
P
K
E
A
Q
T
H
E
V
A
I
A
G
R
C
I
C
O
U
I
X
H
C
I
J
H
P
S
R
O
M
Q
V
R
Z
O
D
A
E
W
F
S
Y
M
E
N
U
U
Y
A
M
I
U
N
O
K
P
S
R
T
S
E
O
F
I
K
Z
L
A
Q
A
R
G
K
P
S
H
U
I
S
C
I
S
X
I
Y
S
N
H
X
X
L
G
V
T
W
S
B
O
M
O
D
R
S
I
A
T
I
U
E
E
F
O
T
A
I
O
N
M
A
L
U
I
O
A
Q
O
P
I
X
L
U
N
S
F
T
C
B
A
D
O
O
K
J
Q
M
K
S
N
C
E
A
P
B
A
O
S
I
P
T
E
V
V
F
M
V
X
E
P
M
E
G
E
E
R
V
A
E
F
C
I
J
I
D
S
P
K
X
K
S
R
M
R
A
O
U
U
X
R
E
U
O
Y
E
V
J
A
J
M
A
H
T
R
X
I
C
U
J
S
I
D
Q
N
E
X
C
F
W
C
R
A
I
J
I
B
V
Z
M
W
U
E
E
A
A
R
P
N
I
L
A
Z
N
T
A
C
C
O
B
O
A
V
U
D
I
L
A
A
N
F
I
E
E
G
D
V
H
U
P
O
T
A
K
I
A
A
P
G
N
A
P
R
U
T
U
U
A
I
D
L
R
K
I
M
A
R
K
R
G
S
G
D
I
N
A
Y
E
H
S
A
O
K
O
I
U
F
T
U
O
T
I
I
S
S
I
V
H
Q
U
I
U
F
U
T
D
J
U
O
I
D
N
O
I
S
S
E
R
P
E
D
H
O
T
R
U
K
U
N
A
H
U
Z
N
N
L
U
U
U
A
I
T
Q
E
V
I
A
A
D
C
A
R
C
I
D
N
E
A
K
S
A
C
L
A
I
B
Q
Y
G
H
R
T
N
T
C
P
T
L
Q
Z
S
O
E
K
U
Y
A
R
G
E
L
U
I
E
U
G
M
M
A
C
R
O
E
C
O
N
O
M
I
C
S
N
C
C
B
E
