downturn	a decline in economic activity
upturn	an increase in economic activity
expectations	beliefs about what will happen in the future
consumption	purchasing and using goods and services
balance of payments	the difference between the funds a country receives and those it pays for all international trasact.
balance of payments	bilans płatniczy
gross domestic product GDP	the total market value of everything produced in a country in specific period
demand	the willingness and ability of consumersto purchase goods and services
supply	the willingness and ability of business to offer goods or services for sales
save	to put money aside to spend in the future
run up debts	zadłużać się
equilibrium	a state of balance
deficit	an amount of money that is smaller than needed
surplus	an amount of money that is bigger than needed
fiscal policy	government actions concerning taxation and public expenditure
monetary policy	government or central bank actions concerning the rate of growth of the money in circulation
money supply	the total amount of money available in an economy at a particular time
Keynesianism	the economic theory that goverment monetary and fiscal policy should stimulate market