1
Q
Gdp (expenditure approach)
A
Gdp = C + I + G + NX
2
Q
Unemployment rate
A
Unemployment rate = unemployed / labor force x 100
3
Q
Gdp deflator
A
Nominal gdp/real gdp x 100
4
Q
Labor force participation rate (lfpr)
A
Labor force / working age pop. X 100
5
Q
Consumer price index (cpi)
A
Cost of basket in current year / cost of basket in base year x 100
6
Q
Inflation rate
A
(Cpi this year - cpi last year) / cpi last year x 100
7
Q
Real interest rate
A
Nominal interest rate - inflation rate
Intro To Macro Econ
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