Economics - January

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

Decks in this class (15)

1) The Circular Flow Of Income - MMT
What are the 3 different economic...,
Define income,
What are the 4 factors involved i...
16  cards
2) Measuring National Income - MMT
Macroeconomics studies the,
How do you measure total national...,
What is the expenditure method
11  cards
3) Aggregate Demand - MMT
What does aggregate mean,
Define demand,
What is aggregate demand forever ...
14  cards
4) Components of Aggregate Demand - MMT
How many components of ad are there,
What are the 5 components of ad,
When is c consumption almost alwa...
37  cards
1) Economic Growth - MB
Define long run economic growth,
Define short run economic growth,
Define nominal value
27  cards
2) Economic Growth 2 -MB
Economic history of most recent r...,
Define gross national income gni,
Define seasonal adjustment
44  cards
5) Shifts in AD -MMT
What factors might shift ad to th...,
What factors may shift ad to the ...,
What are the other leakages that ...
9  cards
6) Evaluate AD changes -MMT
The key component of ad is,
C will normally have a relationsh...,
C will normally have a positive r...
19  cards
7) Aggregate Supply - MMT
What is aggregate supply,
What is the relation between aggr...,
Aggregate supply is the term used...
36  cards
3) Inflation - MB
Define inflation,
What is an index number,
What is consumer price index cpi
23  cards
4) Inflation 2 - MB
Define cost push inflation,
Define demand pull inflation,
Define money stock
17  cards
5) Inflation 3 - MB
What are the 6 consequences of pe...,
How does persistently high inflat...,
How does persistently high inflat...
23  cards
6) Unemployment - MB
Define in employment,
Define economically inactive,
Define discouraged workers
24  cards
7) Unemployment 2 -MB
Define frictional unemployment,
Define structural unemployment,
Define cyclical unemployment
24  cards
8) Unemployment 3 - MB
What is the consequence of involu...,
What is the consequence of unempl...,
What is the consequence of unempl...
12  cards

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Economics - January

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