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7 Cards in this Set

  • Front
  • Back

Real GDP

Nominal/1 x 100/CPI

Multiplier

1/MPS, the bigger the mpc the bigger the change will be

Participation rate

Labor force/working age population x 100

Unemployment rate

Unemployed/labor force x 100

Terms of Trade

Exports/Imports x100

Current Account

Exports - Imports + Primary + Secondary

Inflation Rate

Current inflation - previous inflation/ previous inflation