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AP MACRO

QuestionAnswer
Output Expenditure GDP = CGi Got Super Net Exported - C + Gi + Gs + Nx
Income Approach Nooo it's IT Drones...NFFI. Ni + It + D + NFFI
MPS Change in Spending / Change in Income
MPC Change in Consumption / Change in Income
SPENDING Multiplier 1/MPS cause thats the SPENDING thingy duh
TAX Multiplier MPC/MPS - C on top cause it's first in alphabet.
Inflation Formula I'm not Real - Inflation = Nominal % Change - Real % Change. Rearrange as needed.
Real % Change Real % Change = Nominal % Change - Inflation
Nominal % Change Nominal % Change = Inflation + Real % Change
CPI New/Base - base on bottom cause its the base
DeflaTOR GaTORs not rooing - Deflator = nominal / real x 100
Infl. Rate NOOOO - ( new - old ) / old x 100
Real Value Real New (NiO) Vacations = Real Val = Nom / Index x 100
Quantity of Money Theory MVP Why? - MV = PY
Money Multiplier 1/rrr
Future Value of Money Present PLUS (present x interest rate)
Present Value of Money Future MINUS (future x interest rate)
Created by: spro_ut
 

 



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