question
GDP Deflator
answer
nominal GDP/real GDP x 100
question
nominal GDP
answer
C+I+G+(X-M)
question
unemployment rate
answer
unemployed/labor force x 100
question
labor force participation rate
answer
labor force/population 16+ x 100
question
natural rate of unemployment
answer
frictional unemployment + structural unemployment
question
CPI
answer
market basket of given year/market basket of base year x 100
question
inflation rate
answer
(year 2 - year 1)/ year 1 x 100
question
aggregate demand
answer
C+I+G+(X-M)
question
market basket given year
answer
current year prices x base year quantities
question
GDP
answer
base year prices x current year quantities
question
marginal propensity to consume (MPC)
answer
change in consumption/change in disposable income
question
marginal propensity to save (MPS)
answer
change in savings/change in disposable income
question
spending multiplier
answer
1/MPS or 1/1-MPC
question
tax multiplier
answer
MPC/MPS
question
money multiplier
answer
1/rrr
question
quantity theory of money
answer
mv=py
question
fisher equation
answer
nominal = real + expected inflation
question
GDP per capita
answer
GDP/population
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