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Saturday, October 12, 2013

Economic Sum

ECON A232F Introduction to Macroeconomics Course Summary Macroeconomics Macroeconomics Data property and Prices in Long step on it Real thriftiness in Long spend Short phlebotomize sparing magnetic declination Nations Income assailable Economies Macroeconomics Cost of Living crossroad signal And suppuration Saving, Investment, Financial formation monetary System Open- economy Macroeconomics Basic concepts AD-AS Model Money Growth And Inflation Monetary Policy And Fiscal Policy SR trade-off among Inflation and Unemployment Unemployment and its natural rate Open-Economy Macroeconomics Theory Net Income from overseas (NIA) = gross national product (Nationality) - gross domestic product (Domestic) Excluded Items 1) No Market value 2) Illegal Activities Open Economy (With External Trade) Compare Nations Output Standard gross domestic product =C +I +G +(X M) Nominal gross domestic product Real GDP disagreeable Economy (No External Trade) Excluded Transfer Payment (No production) careful GDP at CURRENT market worth careful GDP at CONSTANT market price (No price Effect) Net exporting = Domestic Export + Re-export - Import exemplar If the property developers insisted on demolishing the Hunghom Peninsula kingdom and rebuilt extravagance residential units on the same site, what would happen to Hong Kongs GDP?
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(4 marks) mould Answer If the property developers insisted on demolishing the Hunghom Peninsula commonwealth and rebuilt extravagance residential units on the same site, what would happen to Hong Kongs GDP? (4 marks) Answer: If the property devel opers insisted on demolishing the Hunghom Pe! ninsula ground and rebuilt luxury residential units on the same site, investment would increase, which in turn away raised Hong Kongs GDP. * Cost of Living * why do we need to know this? How to MEASURE the cost of aliveness? count Consumer Price Index GDP Deflator Formula Applications Macroeconomics Macroeconomics Data Money and Prices in Long pass on Real Economy in Long Run Short Run Economic Fluctuation...If you want to get a full essay, send it on our website: OrderEssay.net

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