✅Important Economic Terms
1⃣GDP Vs GNP
2⃣Demand Vs Supply
3⃣Scarcity
4⃣Business cycle
5⃣Inflation Vs Deflation
6⃣Capital
7⃣Cost effectiveness
8⃣income
9⃣Balance of payment
1⃣0⃣Unemployment
1⃣1⃣comparative advantage
1⃣2⃣Consumer
1⃣3⃣Deficit
1⃣4⃣Depreciation
1⃣5⃣Bank rate
1⃣6⃣Growth Rate
1⃣7⃣Elasticity of demand
1⃣8⃣Financial market
#Economics
1⃣GDP Vs GNP
2⃣Demand Vs Supply
3⃣Scarcity
4⃣Business cycle
5⃣Inflation Vs Deflation
6⃣Capital
7⃣Cost effectiveness
8⃣income
9⃣Balance of payment
1⃣0⃣Unemployment
1⃣1⃣comparative advantage
1⃣2⃣Consumer
1⃣3⃣Deficit
1⃣4⃣Depreciation
1⃣5⃣Bank rate
1⃣6⃣Growth Rate
1⃣7⃣Elasticity of demand
1⃣8⃣Financial market
#Economics