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Economics Unit 2 > Causes of Economic Growth and Output Gaps > Flashcards

Causes of Economic Growth and Output Gaps Flashcards

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Economics Unit 2 (21 decks)

Measures of economic performance

Economic Growth and GDP/GNI

Measuring Inflation

Balance of Payments

Employment and Unemployment (Causes and Effects)

Inflation (Causes and Effects)

Characteristics of Aggregate Demand

Government Expenditure and Net Trade

Aggregate Supply

Circular Flow of Income

Equilibrium Levels of Real National Output

Causes of Economic Growth and Output Gaps

Benefits and Costs of Economic Growth

Macroeconomic objectives

Possible Conflicts Between Macroeconomic Objectives

Macroeconomic Supply-Side Policies

Macroeconomic Demand-Side Polices

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