Entrevista
Chapter 2: Intro to Macroeconomics by Gregory Mankiw
- Grado
- Institución
- Book
This document covers the essentials of Chapter 2 from the book: Introduction to Macroeconomics by Gregory Mankiw.
[Mostrar más]Vista previa 2 fuera de 6 páginas
Algunos ejemplos de esta serie de preguntas de práctica
1.
What is inflation?
Respuesta: Inflation is the general increase in the price levels of goods and services in the economy and a fall in the purchasing value of money.
2.
Inflation is measured via the?
Respuesta: 1) Consumer Price Index 2) GDP Deflator
3.
Consumer Price Index measures?
Respuesta: The consumer price index (CPI) measures the price of a fixed basket of goods and services purchased by a typical consumer.
4.
What is Consumer Price Index?
Respuesta: CPI is the weighted sum of prices of goods. The respective good\'s weight reflects the good\'s relative importance in the basket. Weights remain fixed.
5.
Consumer Price Index (CPI) is used for ?
Respuesta: 1) Tracking the changes in the average household\'s cost of living 2) Comparing dollar amounts over time. 3) Adjusting many contracts for inflation (\"COLA\'s\" or Cost of Living Allowances e.g. Social Security is adjusted for inflation every year.)
Compradores de Stuvia evaluaron más de 700.000 resúmenes. Así estas seguro que compras los mejores documentos!
Puedes pagar rápidamente y en una vez con iDeal, tarjeta de crédito o con tu crédito de Stuvia. Sin tener que hacerte miembro.
Tus compañeros escriben los resúmenes. Por eso tienes la seguridad que tienes un resumen actual y confiable. Así llegas a la conclusión rapidamente!
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Nuestra garantía de satisfacción le asegura que siempre encontrará un documento de estudio a tu medida. Tu rellenas un formulario y nuestro equipo de atención al cliente se encarga del resto.
Stuvia is a marketplace, so you are not buying this document from us, but from seller bangash1219. Stuvia facilitates payment to the seller.
No, you only buy this summary for 7,66 €. You're not tied to anything after your purchase.
4.6 stars on Google & Trustpilot (+1000 reviews)
45,681 summaries were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now