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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 being happy.

measure

/ˈmeZHər/

noun verb

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

happier

/ˈhapē/

adjective

More pleased than.

important

/imˈpôrtnt/

adjective

of great significance or value.

material

/məˈtirēəl/

adjective noun

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

standard

/ˈstandərd/

adjective noun

Being the accepted normal level of quality. 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

characterized by presence of distinguishing features. positive quality.

horizontal

/ˌhôrəˈzän(t)l/

adjective noun

Concerning the horizon. 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

as good as is possible. perfect tense. To do something so well, it cannot be done better.

expectancy

/ikˈspektənsē/

noun

Excited feeling that something is will happen soon.

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