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Indietro

Econ Exam

I pulsanti di controllo sono stati cambiati in modalità "navigazione".
1/13
  • GDP deflator=


    Nominal GDP/ Real GDP X 100

  • Inflation Rate=


    (Deflator this year - Deflator last year) x 100

  • Real Growth Rate=


    (Real GDP this year - real GDP last year) / Real GDP last year

  • Nominal GDP=


    Real GDP x Deflator/ 100

  • Real GDP=


    Nominal GDP/ deflator x 100

  • Deflator This Year =


    Deflator last year x (inflation rate +1)

  • Demand Factors


    T - Tastes and Preferences

    R - Related Goods

    I - Income

    B - Buyers

    E - Expectations

  • Supply Factors


    Input Prices, Technology, Taxes and Subsidies, number of sellers, Expectations, Related Goods

  • Define Nominal GDP


    Measuring GDP at current prices

  • Define Real GDP


    Measuring Real GDP at constant, base year prices. It only changes if the output changes.

  • Frictional


    Short-term job search

  • Structural


    Skills don't match

  • Cyclical


    In between jobs