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-ngonga' X DZL Midterm Exam-EC-202-206 x + 0:59:53 Eva ONDONGO NGALA: Attempt 1 ect the term that best tits with each statement. 1. _ is

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-ngonga' X DZL Midterm Exam-EC-202-206 x + 0:59:53 Eva ONDONGO NGALA: Attempt 1 ect the term that best tits with each statement. 1. _ is that way economists typically measure the size of a nation's overall economy, which is the value of all final goods and services produced within a country in a given year. trade balance 2. The _. is the difference between exports Gross domestic product (GDP) and imports \\ real value 3. _ measures an economic statistic in terms of actual prices that exist at the _ . time of measurement. v busmess cycle nominal value 4. refers to an economic statlstic after IIIUU it has been adjusted for inflation. 5. The economy's movement from peak to trough (recession) and trough to peak (expansion) is called the _

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