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

Decks in this class (16)

Midterm Topic 1
What does macroeconomics look at,
Economic growth,
Labor productivity
30  cards
Midterm Topic 2
National income accounting,
Challenges and solutions to econo...,
Fundamental identity of national ...
35  cards
Midterm Topic 3
Total factor productivity,
Potential factors of tfp,
The exponent in cobb douglas
25  cards
Midterm Topic 4
Obstacles for labor mobility,
Four hypotheses for increasing wa...,
What each means for wage skill pr...
7  cards
Midterm Topic 5
Wealth,
Asset,
Real asset
24  cards
Midterm Topic 6
Household relationship between cu...,
Main motives for positive saving,
C1 y1 w
8  cards
Midterm Topic 7
Key tradeoff for firms b w invest...,
Present value,
Relationship between real interes...
12  cards
Midterm Topic 8
Poor economy poverty trap,
Ways out of the poverty trap,
Conditions for success out of the...
13  cards
Midterm Topic 9
Fiscal policy,
Lump sum taxes,
Incentive taxes
14  cards
Midterm Topic 10
Three government outlays spending,
Discretionary government spending,
Mandatory government spending
11  cards
Midterm Topic 11
Liquidity,
Money,
Functions of money
16  cards
Midterm Topic 12
Inflation,
What causes inflation,
What causes deflation
3  cards
Final Topic 13
Economic implications of when all...,
Business cycle,
Economic short run
19  cards
Final Topic 14
Demand pulled exapnsion,
Demand pulled contraction,
Supply pushed expansion relations...
16  cards
Final Topic 15
Low borrowing rates were a result of,
Why were housing prices driven up,
How did financial innovations con...
24  cards
Final Topic 16
Marginally attached to the labor ...,
Three categories of employment,
Unemployment spell
24  cards

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Macroeconomics

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