Econ 210 Study guides, Class notes & Summaries

macroeconomic policiesGovernment actions designed to affect the performance of the economy as a whole economic growtha process of steady increases in the quantity and the quality of the goods and services the economy can produce standard of livingdegree to which people have access to goods and services that make their lives easier, healthier, safer, and more enjoyable main goal of macroeconomicshow to achieve a higher standard of living what is average living standard measured byoutput...

What is a broad indicatorreal gross domestic income an example of a leading indicator isthe stock market What will probably rise when the economy is in a recessioninitial unemployment claimes Suppose the economy is in a recession, you would expect to see the unemployment rate:rise above the equilibrium employment rate Which economic indicator tells you about the future expected profits of businessesS&P 500

all final goods and services produced for the marketplace during a given year within a nation's borders. Gross domestic product (GDP) is the total value of the average price level over time. An inflation rate is a continuous increase of The difference between the level of real GDP per capita in the United States and real GDP per capita in Bolivia will increase over time. If real GDP in the United States is growing at an annual rate of 3.2% per capita and Bolivia's real GDP per capita i...

Which of the following concepts is a central part of Microeconomics? - exchange The current demand curve for an inferior good shifts leftward if _____________. - buyers' income increases You observe that an increase in the price of salsa decreases the demand for tortilla chips and increases the demand for potato chips. You can conclude that - salsa and tortilla chips are complements Study Graphs - Study Graphs Which of the following influence the supply of a product? - technology "De...

Econ 2101 Exam 1-4 UNCC

Econ 2101 Exam 1-4 UNCC

UNCC Econ 2102 Exam 3 comprehensive list

Econ 2101 Exam 1

UNCC Econ 2102 Exam 3 comprehensive list

UNCC Econ 2102 Exam 3 comprehensive list