1. Economic Performance Vocabulary Gallery Walk

2. Disposable Personal Income, 8D Calculated by subtracting individual income taxes from personal income; Total income available to the consumer.

3. Gross Domestic Products, 5G Monetary value of all final goods, services, and structures produced within a country’s national borders during a one-year period.

4. Earned Income Tax Credit, 6J Federal tax credits and cash payments for low- income workers.

5. Expansion, 4A Period of uninterrupted growth of real GDP; recovery from a recession.

6. Inflation, 10C Rise in the general level of prices for goods and services.

7. Macroeconomics, 3H Branch of economic theory focused on the economy as a whole and decision making by large units.

8. Price Index, 9I Statistical series used to measure changes in the price level over time.

9. Poverty Guidelines, 2B Administrative guidelines used to determine eligibility for certain federal programs.

10. Recession, 7F Decline in real GDP lasting at least two quarters or more.

11. Welfare, 1E Government or private agency programs that provide general economic and social assistance to needy individuals.