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Macroeconomic Exam
Classical Theory
28
Economics
Undergraduate 2
10/01/2009

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Cards

Term
Deflator
Definition
Term
CPI Calculation
Definition
Term
General Production Function
Definition
Term
Marginal Product of Labor
Definition
Term
Supply of Labor
Definition
Term
Demand for Labor
Definition
Term
Profit Maximization
Definition
Term
MPL
Definition
Term
MPK
Definition
Term
Labor income vs. Capital Income
Definition
Term
Cobb-Douglas
Definition
Term
Solving Cobb-Douglas given variables
Definition
Term
Velocity of Money
Definition
Term
Quantity Theory of Money
Definition
Term
Cambridge Version
Definition
Term
Real Money Balances
Definition
Term
Consumption
Definition
Term
MPC (Marginal Propensity to Consume)
Definition
Term
MPL=Real Wage
Definition
Term
Unemployment Formula
Definition
Term
Solving for CPI
Definition
Term
Real Wage=
Definition
Term

To increase the equilibrium price level

you should decrease...

Definition
Term
Essay Strategy
Definition
Term
Ouput is a function of... (2 things)
Definition
Term
Demand is changed by.. (2 things)
Definition
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