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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

One of the four time periods in a school calendar. 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

So as to express the exact meaning of something.

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. Outer parts or edge of some things. To form the edge of (road, etc.).

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. ask someone questions.

product

/ˈprädəkt/

noun

End result of a process.

actually

/ˈak(t)SH(o͞o)əlē/

adverb

as truth or facts.

domestic

/dəˈmestik/

adjective noun

relating to home. person paid to do menial tasks in home.

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