Macro Flashcards
1
Q
How do you calculate Real GDP
A
Nominal GDP /
Inflation index X100
2
Q
How do you calculate GDP per capita
A
Total GDP / population
3
Q
How do you calculate the unemployment rate
A
No. Of people unemployed/
Labour force pop.
4
Q
How do you calculate Aggregate Demand
A
AD = C + I + G + (X - M)
5
Q
How do you calculate Net Investment
A
Gross investment - depreciation
6
Q
How do you calculate the Multiplier
A
1 /
(1 - MPC [Marginal propensity to consume] )
7
Q
How do you calculate a change in the National Income
A
Change in NI = multiplier x injection
8
Q
What is the calculation for the Quantity Theory of Money
A
MV = PQ
9
Q
How do you calculate the Bond Yield
A
Coupon /
Market price of bond X 100
10
Q
How to find an index no.
A
Raw no. / base year raw no. X100
