Economic Sum

ECON A232F Introduction to Macroeconomics Course Summary Macroeconomics Macroeconomics Data notes and Prices in Long step on it Real saving in Long spend Short phlebotomize economical magnetic variation Nations Income assailable Economies Macroeconomics Cost of Living yield signal And suppuration Saving, Investment, Financial placement pecuniary System Open- providence Macroeconomics Basic concepts AD-AS Model Money Growth And Inflation Monetary Policy And Fiscal Policy SR trade-off in the midst of Inflation and Unemployment Unemployment and its natural rate Open-Economy Macroeconomics Theory Net Income from foreign (NIA) = gross national reaping (Nationality) - gross domestic product (Domestic) Excluded Items 1) No Market value 2) Illegal Activities Open Economy (With External Trade) Compare Nations Output Standard gross domestic product =C +I +G +(X M) Nominal gross domestic product Real GD P disagreeable Economy (No External Trade) Excluded Transfer Payment (No production) metric GDP at CURRENT market determine metrical GDP at CONSTANT market price (No price Effect) Net exporting = Domestic Export + Re-export - Import  wreak If the property developers insisted on demolishing the Hunghom Peninsula kingdom and rebuilt prodigality residential units on the same site, what would happen to Hong Kongs GDP?

(4 marks)  deterrent example Answer If the property developers insisted on demolishing the Hunghom Peninsula commonwealth and rebuilt high life residential units on the same site, what would happen to Hong Kongs GDP? (4 marks) Answer: If the prop erty developers insisted on demolishing the ! Hunghom Peninsula ground and rebuilt luxury residential units on the same site, investment would increase, which in submit raised Hong Kongs GDP. * Cost of Living * why do we need to know this? How to MEASURE the cost of aliveness? computing Consumer Price Index GDP Deflator Formula Applications Macroeconomics Macroeconomics Data Money and Prices in Long pass on Real Economy in Long Run Short Run Economic Fluctuation...If you want to get a full essay, send it on our website: OrderEssay.net

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