Calculations Flashcards
1
Q
GDP / AD
A
C + I + G + (X-M)
2
Q
Multiplier
A
1 / MPS + MPM + MPT
3
Q
MPC
A
incr C / incr income
4
Q
MPS
A
Incr S / incr income
5
Q
APC
A
C / Income
6
Q
APS
A
Savings /
7
Q
GDP per capita
A
Real GDP / Pop
8
Q
Rate of unemployment
A
Unemployed / labour force
x 100
9
Q
Employment Rate
A
employed / working age pop
x 100
10
Q
Labour force participation rate
A
labour force / working age pop
x 100
11
Q
Terms of trade
A
index average export price /
index average import price
x 100
12
Q
Money multiplier
A
1 / reserve ratio
13
Q
Fisher equation
A
MV = PT
14
Q
Harrod Domar
A
y = s / k
15
Q
A
