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Chapter 4: What Macroeconomics Is All About – Key Variables, Growth, and Fluctuations

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Expenditure Approach for Measuring GDP

  • Percorso guidato
    Calculating GDP Using the Expenditure Approach
    02:31

Nominal GDP and Real GDP

  • Percorso guidato
    Nominal GDP and Real GDP
    09:15
  • Percorso guidato
    Inflation and the GDP Deflator
    03:04

Business Cycles and Their Characteristics

  • Percorso guidato
    Business Cycle Characteristics
    01:46
  • Percorso guidato
    Causes of Business Cycles
    04:18
  • Percorso guidato
    Key Ideas of the Business Cycle
    02:33

Labor Force and Unemployment

  • Percorso guidato
    Problems with Measuring Unemployment
    04:35
  • Percorso guidato
    Labor Force and Unemployment
    05:58

Types of Unemployment

  • Percorso guidato
    Frictional, Structural, and Cyclical Unemployment
    05:44
  • Percorso guidato
    Definition of Full Employment
    02:44

Productivity and the Per-Worker Production Function

  • Percorso guidato
    Per-Worker Production Function:Change in Technology
    02:27
  • Percorso guidato
    Catch-up Effect
    05:51
  • Percorso guidato
    Per-Worker Production Function
    05:02

Who is Affected by Inflation?

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    Who is Affected by Inflation?
    05:58

Demand-Pull and Cost-Push Inflation

  • Percorso guidato
    Demand-Pull Inflation
    03:53
  • Percorso guidato
    Cost-Push Inflation
    02:22

Nominal Interest, Real Interest, and the Fisher Equation

  • Percorso guidato
    Nominal Interest, Real Interest, and the Fisher Equation
    05:05