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By:
Claire Bent
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Decks in this class (13)
Chapter 19
Def national product output,
What is national income equal to,
The production of output generate...
44
cards
Chapter 20
What are the 3 methods for measur...,
Value added formula,
Summing value added avoids the pr...
30
cards
chapter 21
What does desired mean with regar...,
Def form desired aggregate expend...,
Def autonomous expenditures
42
cards
Chapter 22
Purchases of goods and services b...,
How do transfer payments affect t...,
What is part of desired aggregate...
28
cards
chapter 23
What does an increase in p cause ...,
What does a fall in p do with reg...,
Aggregate demand curve relates eq...
20
cards
Chapter 24
Describe an overview of the short...,
What happens when y y,
What happens to close the inflati...
45
cards
Chapter 25
Def economic growth,
Rule of 72,
What are the two main benefits of...
43
cards
chapter 26
Def medium of exchange,
How would it work if money didnt ...,
Describe money as a store of value
31
cards
Chapter 27
For simplicity what two forms of ...,
Def present value,
The pv is _______ related to the ...
34
cards
chapter 28
What are the two approaches for i...,
The bank of canada chooses to con...,
Def overnight interest rate
30
cards
Chapter 29
Why wages change 3 things,
What does nairu stand for,
When real gdp is equal to y the u...
25
cards
chapter 30
In the long run increases in the ...,
In the short run the unemployment...,
Supply side employment trend
32
cards
chapter 31
The government budget constraint,
What are government expenditures ...,
What is the detailed formula for ...
34
cards
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ECON 295
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