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Economics theme 2

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

By: Georgia Read
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Decks in this class (16)

2.1.1
What does gdp measure,
What does the ons office for nati...,
What are the 3 methods to measure...
34  cards
2.1.2
What is inflation,
What does inflation lead to,
How is inflation measured
15  cards
2.1.3
What is the official measure of u...,
What must a person be classier as...,
When does underemployment occur
17  cards
2.1.4
What is the balance of payments bop,
What is counted as a positive ent...,
What is counted as a negative ent...
13  cards
2.2.1
What is aggregate demand,
What is the equation for aggregat...,
What does the aggregate demand cu...
13  cards
2.2.2
What are the main sources of inco...,
What is consumption,
What is the biggest component of ...
26  cards
2.2.3
What is investment,
What does business investment inc...,
What is financial capital
13  cards
2.2.4
What is the total managed expendi...,
What is around 2 3rds of the tota...,
What is around a quarter of the t...
8  cards
2.3.1
What is aggregate supply,
What does long run aggregate supp...,
What does aggregate supply indica...
6  cards
2.3.2
What is short run aggregate supply,
What does a rise in the general p...,
Why is the short run aggregate su...
8  cards
2.3.3
Bloop,
What are the risks costs from net...,
What is the macroeconomic effect ...
16  cards
2.4.1
What is income,
Where can income come from,
Original income
9  cards
2.4.2
What are leakages,
What are withdrawals leakages,
In an equilibrium injections must...
5  cards
2.4.3
When does equilibrium national in...,
When does equilibrium occur,
An increase in aggregate demand c...
5  cards
2.4.4
What is the multiplier effect,
What is the equation for total ch...,
What is the equation for multipli...
18  cards
2.5.1
What is short run economic growth,
What are factors that can cause e...,
What is long run economic growth
7  cards

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Economics theme 2

  • Class purpose General learning

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