What Do You Know About…? 3) Unemployment 4) Inflatio n Deflati on 1) Cycle Write down words that come to mind when you think of each of the following. There are no right or wrong answers! 2) Gross Domestic Product (GDP) 5) Economic Growth Ask yourself these questions: 1) What do I remember about these concepts from my previous classes? 2) How have I heard these words used in the news? 3) How do these affect me?