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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

Plan to achieve a desired result. To calculate size, weight or temperature of.

happier

/ˈhapē/

adjective

More pleased than.

important

/imˈpôrtnt/

adjective

Having power or authority.

material

/məˈtirēəl/

adjective noun

Relevant; (of evidence) important or significant. Cloth; fabric.

standard

/ˈstandərd/

adjective noun

(Of a language) being the most accepted in a place. level of quality or attainment.

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

characterized by presence of distinguishing features. positive quality.

horizontal

/ˌhôrəˈzän(t)l/

adjective noun

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

correlated
verb

have mutual relationship or connection, in which one thing affects or depends on another.

average

/ˈav(ə)rij/

adjective noun verb

Typical or normal; usual; ordinary. number expressing the central or typical value in a set of data. amount to or achieve as average rate or amount over period of time.

perfect
adjective noun verb

So good it cannot be improved. perfect tense. To do something so well, it cannot be done better.

expectancy

/ikˈspektənsē/

noun

state of thinking or hoping that something will happen.

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