Multiple Choice Things Flashcards

1
Q

Formula for economic growth rate?

A
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2
Q

Formula for Real GDP?

A
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3
Q

Calculating Unemployment Rates in accordance with international guidlines

A
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4
Q

Different types of taxation systems and average rates of tax?

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5
Q

Price Elasticity of Demand

A
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6
Q

Cross Elasticity of Demand

A
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7
Q

Income Elasticity of Demand

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8
Q

Price Elasticity of Supply

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9
Q

Formula for Marginal Product (MP)

A
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10
Q

Social Benefits and Social Costs

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11
Q

Terms of Trade

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12
Q

Formula for Marginal Propensity to Consume and Save

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13
Q

Formula Multiplier

A
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14
Q

Formula for Real Exchange Rate

A
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15
Q

Formula for Real GDP using Price Index

A
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