Shared Flashcard Set

Details

Test #2
Macroeconomics
8
Economics
Undergraduate 1
04/25/2012
Click here to study/print these flashcards.

Create your own flash cards! Sign up here.

Additional Economics Flashcards

 

 

Cards

Term
GDP
 Definition
the value of all final goods and services produced in the econ.
Term

GDP=C+I+G+x-IM

 

C is...

 Definition
th sum of consumer spending
Term

GDP=C+I+G+x-IM

 

I is...

 Definition
investment spending
Term

GDP=C+I+G+x-IM

 

G is...

 Definition
Goverment purchases of goods and services
Term

GDP=C+I+G+x-IM

 

 is...

 Definition
Term

GDP=C+I+G+x-IM

 

x is...

 Definition
the value of all exports
Term

GDP=C+I+G+x-IM

 

IM is...

 Definition
the value of all imports
Supporting users have an ad free experience!