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Real GDP Per Capita and the Standard of Living

466,953 views

Marginal Revolution University

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (US)

Speech Time:

87%
  • 4:33 / 5:13

Speech Rate:

  • 156 wpm - Fast

Category:

  • Education

Tags :

Intro:

Video Vocabulary

vertical

/ˈvərdək(ə)l/

adjective noun

at right angles to horizontal plane. vertical line or plane.

happiness

/ˈhapēnəs/

noun

State of feeling pleased; feeling of satisfaction.

measure

/ˈmeZHər/

noun verb

Tool used to calculate the size of something. To determine the value or importance of something.

happier

/ˈhapē/

adjective

feeling contentment.

important

/imˈpôrtnt/

adjective

Having a big effect on (person, the future).

material

/məˈtirēəl/

adjective noun

Relevant; (of evidence) important or significant. Supplies or data needed to do a certain thing.

standard

/ˈstandərd/

adjective noun

used or accepted as normal or average. Official unit of measuring something.

because

/bēˈkəz/

conjunction

for reason that.

surprising

/sərˈprīziNG/

adjective verb

Making you feel a bit shocked because unexpected. To do something that another person didn't expect.

positive

/ˈpäzədiv/

adjective noun

Showing agreement or support for something. positive quality.

horizontal

/ˌhôrəˈzän(t)l/

adjective noun

A level and flat position. horizontal line, plane, etc..

correlated
verb

To have/show the relationship between two things.

average

/ˈav(ə)rij/

adjective noun verb

constituting result found by dividing total amount. Total of numbers divided by the number of items. amount to or achieve as average rate or amount over period of time.

perfect
adjective noun verb

as good as is possible. perfect tense. make completely free from faults.

expectancy

/ikˈspektənsē/

noun

Excited feeling that something is will happen soon.

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