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11 Cards in this Set
- Front
- Back
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nominal
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PxQ+PxQ
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Real
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Price of base year times quantity of current year
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Deflator
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nGDP/rGDP x100
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inflation
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deflator2-deflator1/deflator1
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growth rate
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nGDP2-nGDP1/nGDP1 x100
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Expenditure Approach
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Y=CIGNX
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NX
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exports-imports
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quantity theory of money
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%chngM+%chngV=%chngP+%chngY
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APR
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FV=PV(1+r)
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m1
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cash, quick cash, checks
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m2
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savings, short-time deposits
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