Equations Flashcards
1
Q
Output
A
Y= C+I+G+NX
2
Q
Current Accounts
A
CA = S - I
3
Q
real interest rate
A
r = i - expected inflation
expected real interest rate r
= nominal interest rate - expected inflation
4
Q
productivity function
A
Y == AF(K,N)
5
Q
okum’s law
A
