Formula Flashcards
1
Q
Real Price (current yr)
A
Nominal Price current yr x (CPI base yr/ CPI current yr)
2
Q
E (elasticity)
A
% change Q / % change P
3
Q
Ex (cross-elasticity)
A
% change Qa / % change Pb
4
Q
Pass-through
A
Es / (Es-Ed)
5
Q
Labour Force (LF)
A
UE + E
6
Q
Unemployment Rate (UR)
A
UE / LF
7
Q
Participation Rate
A
LF / WAP
8
Q
Income Effect
A
Change H / Change I
9
Q
Substitution Effect
A
Change H / Change W
10
Q
ERp ERa RF op oa
A
ERp : expected return on portfolio ERa : expected return on risky RF : return on risk-free op : risk on portfolio oa : risk on risky
11
Q
Expected Return on Port-folio
A
ERp = RF + op x (ERa-RF)/oa
12
Q
PV
A
FV / ( 1 + i )^n
13
Q
Rate of Return (RR)
A
CY - CG
14
Q
Current Yield (CY)
A
PMT / Price of Bond
15
Q
Capital Gain (CG)
A
(New price - Old Price) / Old Price