Title: Identify the measures or indicators of economic activity.
Course: Principles of Business and Marketing (12051-36) > Section: Understanding the Role of Economics in a Global Economy

Identification should include a definition of the following:

- Gross domestic product (GDP)
- GDP per capita
- Inflation
- Unemployment
- Productivity
- Standard of living
- Recession
- Depression

Identification should also include how each indicator is measured and used and the relationship of each to the four phases of the business cycle.