This class was created by Brainscape user Rory Flynn. Visit their profile to learn more about the creator.

Decks in this class (13)

Chapter 4
What is the national product,
What is gross domestic product gdp,
What is potential output
18  cards
Chapter 5.1
What is a central topic of macroe...,
What is national product,
What is national income
14  cards
Chapter 5.2
What is national income accounting,
What is the circular flow of income,
What are the key components of th...
12  cards
Chapter 5.3
What is the difference between no...,
How do nominal and real gdp relat...,
What is the gdp deflator
12  cards
Chapter 5 - Summary and Key Concepts
What is value added in national o...,
What are intermediate and final g...,
How is gdp calculated as the sum ...
17  cards
Chapter 6 - Sum And KC
What is desired aggregate expendi...,
What is the consumption function,
What are marginal propensities to...
17  cards
Chapter 7
What are desired government purch...,
What are net taxes,
What is the budget balance
17  cards
Chapter 8
What does the ae curve show,
How does a change in the price le...,
What happens when the price level...
20  cards
Chapter 9
What assumptions are made in the ...,
What happens during the adjustmen...,
What assumptions are made in the ...
31  cards
Chapter 11
What is money,
How did money develop historically,
What are the main elements of the...
18  cards
Chapter 12
What is the relationship between ...,
What is the yield on a bond,
How does perceived riskiness affe...
18  cards
Chapter 13
How can monetary policy be conducted,
Why does the bank of canada targe...,
What is the bank of canada s targ...
27  cards
Chapter 14
What accompanies inflation in ter...,
What are the two main components ...,
How do output gaps affect wages
24  cards

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Econ

  • Class purpose General learning

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