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What is "GDP" and what do the latest GDP figures mean? | Ask an Economist

486 views

The Australia Institute

Video Language:

  • English

Caption Language:

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

Accent:

  • English (AU)

Speech Time:

93%
  • 6:20 / 6:45

Speech Rate:

  • 203 wpm - Fast

Category:

  • News & Politics

Tags :

Intro:

Video Vocabulary

quarter

/ˈkwôrdər/

noun verb

Area of a town or city defined by its inhabitants. To give a soldier a place to live for a short time.

describe

/dəˈskrīb/

verb

give detailed account in words of.

literally

/ˈlidərəlē/

adverb

Used to say something is true, even if unlikely.

talking

/ˈtôkiNG/

adjective noun verb

engaging in speech. action of talking. To make a formal speech about something.

happened

/ˈhapən/

verb

To take place or occur.

borders

/ˈbôrdər/

noun other verb

line separating two areas. Lines separating one country, state from another. To be right next to another country or state.

increased
verb

To make or become larger in size or amount.

homeless
adjective

Having no home; living on the streets.

whether

/ˈ(h)weT͟Hər/

conjunction

expressing doubt or choice between alternatives.

everyone

/ˈevrēˌwən/

pronoun

every person.

economy

/əˈkänəmē/

adjective noun

offering best value for money. Total of all goods, services and wages in an area.

question

/ˈkwesCH(ə)n/

noun verb

sentence worded or expressed so as to elicit information. To have or express concerns or uncertainty.

product

/ˈprädəkt/

noun

End result of a process.

actually

/ˈak(t)SH(o͞o)əlē/

adverb

Used to add new (often different) information.

domestic

/dəˈmestik/

adjective noun

Concerning or made in your own country. person paid to do menial tasks in home.

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