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Macroeconomics

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

By: Johanna Andersson
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Decks in this class (13)

Chapter 5 - MEASURING A NATION’S INCOME
What two thing does gdp measure a...,
Why must income be equal to expen...,
How is gdp defined
28  cards
Chapter 9 - UNEMPLOYMENT AND ITS NATURAL RATE
What is sectoral shifts,
What is frictional unemployment,
What is collective bargaining
15  cards
Chapter 6 - MEASURING THE COST OF LIVING
What is the cpi,
How is cpi calculated,
What are the five steps to comput...
12  cards
Chapter 7 - PRODUCTION AND GROWTH
How is productivity defined,
What does level of real gdp gauge,
What does the growth of real gdp ...
14  cards
Chapter 8 - SAVING, INVESTMENT AND FINANCIAL SYSTEM
What is a financial system,
What is budget deficit respective...,
What does investment refers to in...
16  cards
Chapter 10 - THE MONETARY SYSTEM
What are the three functions mone...,
What is medium of exchange,
What is unit of account
28  cards
Chapter 12 - OPEN ECONOMY MACROECONOMICS
What is trade balance,
Trade surplus,
Trade deficit
22  cards
Chapter 11 - MONEY GROWTH AND INFLATION
The inflation rate is the percent...,
What does a rise in the price lev...,
How to calculate the value of mon...
25  cards
Chapter 13 - OPEN ECONOMY MACROECONOMICS
What price balances the supply an...,
In the in the market for loanable...,
In the market for foreign currenc...
10  cards
Chapter 12 - OPEN ECONOMY MACROECONOMICS
What is nominal exchange rate,
What is appreciation,
What is depreciation
10  cards
Chapter 14 - AGGREGATE DEMAND AND AGGREGATE SUPPLY
What is recession,
What is depression,
What are the three key facts abou...
18  cards
Chapter 15 - THE INFLUENCE OF MONETARY POLICY ON AGGREGATE DEMAND
What are the three reasons why th...,
What two method does bank of cana...,
What is a flexible exchange rate
3  cards
Chapter 16 - THE INFLUENCE OF FISCAL POLICY ON AGGREGATE DEMAND
What is marginal propensity benag...,
What is the multiplier effect,
What is automatic stabilizers
3  cards

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Macroeconomics

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