economic growth is the same as
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GDP growth
leverage ratio equation
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LR = A/E
Aggregate Expenditure formula
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AE = C + I + G + NX
productivity equation
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output/time worked
what does a dollar bill say on it?
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Federal Reserve Note
CPI formula
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(cost of basket in current year/cost of basket in base year) x 100
leverage ratio
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, the ratio of assets to owner's equity
unit of account
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easily compare the value of two goods
disposable income formula
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Y-T
productivity
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the quantity of goods produced per unit of labor input
when AS changes (phillips model)
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Give this one a try later!
GDP growth
leverage ratio equation
Give this one a try later!
LR = A/E
Aggregate Expenditure formula
,Give this one a try later!
AE = C + I + G + NX
productivity equation
Give this one a try later!
output/time worked
what does a dollar bill say on it?
Give this one a try later!
Federal Reserve Note
CPI formula
Give this one a try later!
(cost of basket in current year/cost of basket in base year) x 100
leverage ratio
Give this one a try later!
, the ratio of assets to owner's equity
unit of account
Give this one a try later!
easily compare the value of two goods
disposable income formula
Give this one a try later!
Y-T
productivity
Give this one a try later!
the quantity of goods produced per unit of labor input
when AS changes (phillips model)
Give this one a try later!