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

Decks in this class (9)

Measurements of Macroeconomic Performance- Objectives of Government economic policy
What are the four main macroecono...,
What is the long run trend of eco...,
What is the unemployment rate the...
15  cards
Measurements of Macroeconomic Performance- Macroeconomic indicators
What does gdp measure 1,
What is real gdp 2,
How is real gdp per capita calcul...
15  cards
Measurements of Macroeconomic Performance- Uses of index numbers
What are index numbers used for 1,
What is a base year in the contex...,
If inflation rises by 5 from the ...
9  cards
How the Macroeconomy Works- The circular flow of income
What is national income 1,
How can national income be measur...,
What is real gdp 3
20  cards
How the Macroeconomy Works- Aggregate demand and aggregate supply analysis
What is aggregate demand 1,
What happens to demand when the p...,
What is the effect of a rise in t...
20  cards
How the Macroeconomy Works- The determinants of aggregate demand
What is aggregate demand 1,
What is the largest component of ...,
What is disposable income 3
21  cards
How the Macroeconomy Works- Aggregate demand and the level of economic activity
What factors influence the level ...,
What is the multiplier effect 2,
How does the multiplier effect re...
9  cards
How the Macroeconomy Works- Possible conflicts between macroeconomic policy objectives
What shifts the sras curve 1,
What are the main determinants of...,
What happens to sras when employm...
8  cards
How the Macroeconomy Works- Determinants of LRAS
What is the assumption about the ...,
What does a change in ad from ad1...,
What does the position of the ver...
10  cards

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AS Macroeconomics

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