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Econ 102 > econ 2 > Flashcards

econ 2 Flashcards

1
Q

reserve ratio

A

reserves/deposits

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2
Q

Fisher Effect

A

real interest rate = nominal interest rate - expected inflation rate

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3
Q

number of unemployed / labor force

A

unemployment rate

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4
Q

labor force population / working age population

A

labor force equation

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5
Q

money multiplier

A

1/reserve ratio

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Econ 102 (3 decks)

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