This class was created by Brainscape user Argem Matanguihan. Visit their profile to learn more about the creator.

Decks in this class (11)

Chapter 4 - What Macroeconomics is All About
What are the seven key macroecono...,
What does macroeconomics study co...,
What are the two main macroeconom...
23  cards
Chapter 5 - The Measurement of National Income
What is value added 1,
How is gdp measured 2,
What is the formula for gdp expen...
16  cards
Chapter 6: The Simplest Short-Run Macro Model
What is the formula for the aggre...,
What is the condition for equilib...,
What does autonomous expenditure ...
15  cards
Chapter 7 - Adding Government and Trade to the Simple Macro Model
What is the formula for disposabl...,
What is the formula for consumpti...,
What is the formula for imports im 3
16  cards
Chapter 8 & 9 - Price and GDP
What happens to aggregate expendi...,
What does the ae curve intersecti...,
Why do rising price levels reduce...
27  cards
Chapter 11 - Money and Banking
What are the 3 main functions of ...,
What makes money a good medium of...,
What affects money s ability to b...
37  cards
Chapter 12 - Money, Interest Rates, and Economic Activity
What s the difference between mon...,
What is present value pv and how ...,
What are multiple payments and wh...
30  cards
Chapter 13 - Monetary Policy in Canada
What is the bank of canada s main...,
What is the goal of inflation tar...,
Why doesn t the bank of canada ta...
23  cards
Chapter 14 - Inflation and Disinflation
What is the formula for actual in...,
What is the sacrifice ratio formu...,
What causes the as curve to shift...
24  cards
Chapter 15 - Unemployment Fluctuations and the NAIRU
What happens to employment and un...,
What are the 3 main types of unem...,
What is the nairu 3
15  cards
Chapter 17 - The Gains from International Trade
What is comparative advantage 1,
What is absolute advantage 2,
How do countries benefit from tra...
21  cards

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Econ 102

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