Economics vocabulary: Describing how the economy is performing

When an economy has a long period of good economic expansion, it is called a

The amount of people or consumers who want to buy a product or service, is called the

When an economy decreases in size for 2 years of more, it is called a

When the size of an economy starts to grow again after a period when it has been decreasing in size (e.g. a recession), it is called a period of

When the value of a type of product increases dramatically and it becomes very overvalued, it is called a

When an economy has a long period of very low economic growth, it is called a period of

When the size of an economy starts to decrease in size, it is called an

The amount of a product or service that is available to buy, is called the

When an economy decreases in size for 6 months of more, it is called a

When the size of an economy is growing, it is called a period of

The statistic that is used to measure how well an economy is performing, is called