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

Decks in this class (14)

circular flow of income
What are the four factors of prod...,
What is the benefit of capital,
What is the benefit of enterprise
17  cards
measures of economic activity
What are the three methods of mea...,
Which measurement is in the publi...,
What does the income method show us
26  cards
production possibility frontier (PPF)
What is the ppf,
What is the definition of ppf,
What is a trade off
32  cards
aggregate demand
What is an aggregate demand curve,
What does the aggregate demand cu...,
What is the relationship on the a...
23  cards
investment and spending
Which component in aggregate dema...,
What is the equation for aggregat...,
What are capital goods
18  cards
pre learning week 5
What is marginal propensity to co...,
What happens to ad when x m decre...,
What happens to ad when x m incre...
25  cards
pre learning week 6
What is the multiplier effect,
When does the multiplier effect o...,
What is the multiplier coefficient
6  cards
multiplier
What is the multiplier effect,
What is the ratio of final change...,
What is the equation for the valu...
5  cards
aggregate supply
What is aggregate supply,
What is in the long run,
What are the four main points of ...
33  cards
Macroeconomic equilibrium and objectives
What is macro economic equilibrium,
When is there equilibrium in the ...,
Where does the long run equilibri...
16  cards
Meaning and representation of economic growth
What is economic activity,
What is gross domestic product gdp,
What is economic growth
12  cards
Economic growth
What is economic growth,
What is an increase in ad also kn...,
What is short run growth actual g...
34  cards
Output gaps and the trade cycle
What is an output gap,
What is the negative output gap,
What corresponds with a negative ...
17  cards
inflation and deflation
What is inflation,
What does inflation cause in the ...,
What is hyper inflation
12  cards

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macro economics

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