finding the index number for year Y
(Data value in year y / data value in base year) x 100
finding the real GDP in year Y
(nominal GDP in year Y / price index in year y) x 100
finding the nominal GDP per capita
nominal GDP / population
finding the growth rate of real GDP
growth rate of nominal GDP - inflation rate
finding the growth rate of real GDP per capita
growth rate of nominal GDP - inflation rate - growth rate of population
finding unemployment rate
number of people unemployed / size of labour force
finding inflation rate
change of CPI (index value) / CPI in previous year (index value)
finding balance of trade
value of export - value of import
what is weighted index number calc
sum of weightings x index numbers / sum of weightings
how to work out real GDP
nominal - impact of inflation
how to calculate % change
difference/original x 100
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4.2.1.1 Objectives of government economic policy (MEPO's) - Booklet 117
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4.2.1.2 Macroeconomic indicators - Booklet 244
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4.2.2.1 - The Circular Flow of Income: Booklet 324
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4.2.2.3 The determinants of AD - Booklet 447
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4.2.2.3 The determinants of AD - Booklet 553
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4.2.2.5 Determinants of short-run aggregate supply - Booklet 628
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4.2.2.6 Determinants of long-run aggregate supply - Booklet 721
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4.2.2.2 Aggregate demand and aggregate supply analysis - Booklet 89
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4.3.2.1 Economic growth and the economic cycle - Booklet 962
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3.2.3.3 Inflation and Deflation - Booklet 1069
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3.2.3.2 + 4.3.2.3 Employment and Unemployment - Booklet 1189
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3.2.3.5 Possible conflicts between macroeconomic policy objectives - Booklet 1225
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3.2.3.4 Balance of Payments on the Current Account - Booklet 1336
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3.2.4.2 Fiscal Policy - Booklet 1475
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3.2.4.1 Monetary Policy - Booklet 1520
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calculations12
