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21 Cards in this Set

  • Front
  • Back

GDP

Total Value of all final goods



C+I+G+(x-m) or C+I+G+Xn

Nominal GDP

Current Dollars

Real

Nominal-inflation

Real GDP

Nominal/price index

Price index

Market basket in a specific year/ market basket in a base year. *100

CPI

Recent Market Basket in a specific year / market base in a year *100

MPC

C/DI

APC

C/DI

UR

# of unemployment/labor force *100

LFPR

Civilian Labor force/ civilian(non institutionalized ) adult population *100

ER

Employed /institutional population *100

M1

Currency, Checkable Deposits, Travelers checks

M1

Currency, Checkable Deposits, Travelers checks

M2

All of m1 and CDs lower than 100,000

M1

Currency, Checkable Deposits, Travelers checks

M2

All of m1 and CDs lower than 100,000

M3

All of m2 and CDs above 100,000

M1

Currency, Checkable Deposits, Travelers checks

M2

All of m1 and CDs lower than 100,000

M3

All of m2 and CDs above 100,000

Velocity of Money

MV=PQ