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Real GDP Per Capita and the Standard of Living

466,953 views

Marginal Revolution University

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (US)

Speech Time:

87%
  • 4:33 / 5:13

Speech Rate:

  • 156 wpm - Fast

Category:

  • Education

Tags :

Intro:

Special thanks to The Free Dictionary for providing us with the information used in this web page

Video Vocabulary

vertical

/ˈvərdək(ə)l/

vertical
adjective noun

(Of a line, etc.) going up and down; not horizontal. vertical line or plane.

happiness

/ˈhapēnəs/

happiness
noun

State of feeling pleased; feeling of satisfaction.

measure

/ˈmeZHər/

measure
noun verb

Tool used to calculate the size of something. To determine the value or importance of something.

happier

/ˈhapē/

happier
adjective

More pleased than.

important

/imˈpôrtnt/

important
adjective

of great significance or value.

material

/məˈtirēəl/

material
adjective noun

Relevant; (of evidence) important or significant. Substance from which a thing is made of.

standard

/ˈstandərd/

standard
adjective noun

Being the accepted normal level of quality. Principle of behaving in a moral way.

because

/bēˈkəz/

because
conjunction

For a reason.

surprising

/sərˈprīziNG/

surprising
adjective verb

causing surprise. To do something that another person didn't expect.

positive

/ˈpäzədiv/

positive
adjective noun

Being sure about something; knowing the truth. positive quality.

horizontal

/ˌhôrəˈzän(t)l/

horizontal
adjective noun

at right angles to vertical. horizontal line, plane, etc..

correlated
correlated
verb

To have/show the relationship between two things.

average

/ˈav(ə)rij/

average
adjective noun verb

constituting result found by dividing total amount. Total of numbers divided by the number of items. amount to or achieve as average rate or amount over period of time.

perfect
perfect
adjective noun verb

as good as is possible. perfect tense. To do something so well, it cannot be done better.

expectancy

/ikˈspektənsē/

expectancy
noun

state of thinking or hoping that something will happen.

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