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j l
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Decks in this class (13)
Introduction to macroeconomics
Income flow 1,
Other flows leakage withdrawals s...,
Other flows injections igx 3
20
cards
Aggregate demand and shifts in AD curve (C)
Define aggregate demand 1,
Ad curve 2,
Why is the ad curve downward slop...
15
cards
GDP & GNP
Gdp gross domestic product 1,
Gnp gross national product income 2,
Diff between gnp and gdp 3
8
cards
Shifts in AD curve (I)
Define investment 1,
Changes in investment level reaso...,
Rate of interest 3
7
cards
Shifts in AD curve (G) (X-M)
Gov expenditure 1,
Gov expenditure recession 2,
Net exports 3
4
cards
Low Employment
Define unemployment 1,
Define full employment 2,
Economically active population 3
15
cards
Measures to reduce cyclical unNt: EFP
Define expansionary fiscal policy 1,
Increase g 2,
Lower taxes t 3
11
cards
Measures to reduce cyclical unNt: EMP
Define expansionary monetary poli...,
How does emp work 2,
Strength of emp 3
12
cards
Low and stable rate of inflation
Define inflation 1,
Degrees of inflation 2,
Mild inflation 3
15
cards
Effects on inflation
Production investment employment ...,
Production investment employment ...,
Factors that determine extent of ...
4
cards
Contractionary Fiscal Policy
Define contractionary fiscal poli...,
Example of contractionary fiscal ...,
Reduce g 3
12
cards
Contractionary Monetary Policy (CMP)
Define contractionary monetary po...,
Examples of cmp 2,
Strengths of cmp 3
11
cards
Aggregate supply
Define aggregate supply 1,
Why is the sras curve upward slop...,
Factors that cause sras to shift 3
9
cards
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Economics course vol 1
- Class purpose General learning
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