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Econ 209

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

By: Kaelyn Fairbairn
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Decks in this class (17)

Jan 8
Some key macroeconomic variables 1,
Long run trends aka 2,
Short term fluctuations aka 3
72  cards
Jan 13
Most common measure of national i...,
3 diff measures of gdp 2,
3 diff methods for measuring nati...
36  cards
Jan 20
Components of factor incomes 1,
Non factor payments 2,
Depreciation 3
33  cards
Jan 22
Actual values of the various cate...,
Desired values of various categor...,
What does desired actually mean 3
72  cards
Jan 27/Feb 3
In chapter 7 what do we introduce 1,
Government purchases of goods and...,
Transfer payments 3
72  cards
Feb 5 & 10
Where does macroeconomic equilibr...,
An increase in p does what to pri...,
Effect of increase in p on net ex...
39  cards
Feb 12
We use the simple multiplier when...,
Why is the multiplier smaller wit...,
Is there a formula for the multip...
72  cards
Extras
Equation for rate of inflation 1,
Real interest rate equation 2,
Unemployment rate 3
9  cards
Extras 2
Why might people decide to join t...,
Explain why the unemployment rate...,
During recession suppose unemploy...
32  cards
Chapter 9
In the long run total output is d...,
In the long run the price level i...,
In the long run permanent increas...
61  cards
Chapter 10
4 major determinants of growth in...,
An important cost of economic gro...,
In the long run changes in averag...
17  cards
March 10
Short definition of economic grow...,
3 aspects of economic growth 2,
Real per capita gdp 3
63  cards
March 12 & 17
3 characteristics of money 1,
Money as a medium of exchange if ...,
Money as a store of value without...
51  cards
March 19
If firms need to borrow what can ...,
Money versus bonds 2,
What do people look at when decid...
59  cards
Chapter 11
One of the earliest services prov...,
Reserve ratio 2,
Commercial banks can hold deposit...
31  cards
Chapter 12
When the interest rate decreases ...,
Contractionary monetary policy co...,
Which type of policy affects the ...
35  cards
article discussion
Tight monetary policy 1,
Goals of tight monetary policy 2,
Key actions associated with tight...
44  cards

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Econ 209

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