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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

3-month period of time for businesses, etc.. To give a soldier a place to live for a short time.

describe

/dəˈskrīb/

verb

To tell the appearance, sound, smell of something.

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. form border along or beside something.

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

If something will happen or not.

everyone

/ˈevrēˌwən/

pronoun

every person.

economy

/əˈkänəmē/

adjective noun

offering best value for money. state of area regarding production and consumption of goods and services.

question

/ˈkwesCH(ə)n/

noun verb

What you ask about; issue. To ask for or try to get information.

product

/ˈprädəkt/

noun

manufactured article or substance.

actually

/ˈak(t)SH(o͞o)əlē/

adverb

as truth or facts.

domestic

/dəˈmestik/

adjective noun

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

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