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Josh Cody Ong
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Decks in this class (12)
Ch 18 Open Economy Macroeconomics
An economy that does not interact...,
An economy that interacts freely ...,
Domestically produced goods and s...
25
cards
Ch 10 Measuring a Nation's Income
What two things does gdp measure ...,
What is gdp,
What is the total income earned b...
15
cards
Ch 11 Measuring the Cost of Living
What is a measure of the overall ...,
What is the formula for cpi,
Formula for inflation
11
cards
Ch 12 Production and Growth
What is the amount of goods and s...,
Why do living standards vary so m...,
Because of tremendous technologic...
14
cards
Ch 13 Saving, Investment, and the Financial System
Consists of the institutions that...,
Institutions through which a pers...,
A certificate of indebtedness tha...
15
cards
Ch 16 The Monetary System
The exchange of one good or servi...,
The unlikely occurrence that two ...,
The set of assets in the economy ...
19
cards
Ch 17 Money Growth and Inflation
This theory explains how the pric...,
Formula for quantity theory of money,
The separation of real and nomina...
13
cards
Ch 15 Unemployment
What is the natural rate of unemp...,
Refers to the year to year fluctu...,
What measures the percentage of t...
6
cards
The Data of Macroeconomics
What are the three statistics tha...,
The accounting system used to mea...,
Does the sale of a good affect gdp
10
cards
National Income and Where it Comes From
0
cards
Ch 20: Aggregate Demand and Aggregate Supply
A period of falling income and ri...,
Fluctuations in the economy are o...,
Do economic fluctuations follow a...
16
cards
Ch 21: The Influence of Monetary and Fiscal Policy on Aggregate Demand
For the us economy the most impor...,
Keynes s theory that the interest...,
What is the opportunity cost of h...
23
cards
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Economics
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