GDP (Gross Domestic Product): GDP measures the total value of goods and services produced within a country's borders during a specific period. It serves as an important indicator of overall economic health.
Fiscal Stimulus: Fiscal stimulus refers to government actions aimed at boosting aggregate demand during times of economic downturns. This can be achieved through increased government spending or tax cuts.
Consumer Confidence: Consumer confidence refers to the level of optimism or pessimism consumers have about their future financial situation and the overall state of the economy. It influences consumer spending patterns, which play a crucial role in economic booms or recessions.