Rule reminder
**Key macroeconomic terms:** Il PIL (Prodotto Interno Lordo) = GDP, the total value of goods and services produced. La crescita economica = economic growth (positive change in GDP). La recessione = recession (two consecutive quarters of negative GDP). La ripresa = recovery (return to growth after recession). L'inflazione = inflation (rising prices). La deflazione = deflation (falling prices).
Il PIL misura...