AP Macro- ALL GRAPHS AND EQUATIONS

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Economics - Macroeconomics

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charlotte1oxhi Created by 10 mon ago

Cards in this deck(40)
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Discount rate change- shift top line Interest on reserves change- shift bottom line Administered interest rate change- shift both lines
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C + G + I + Xn
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Labor force/adult population x 100
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Unemployed workers/labor force x 100
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(CY price)(BY quantity)
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MB in CY/MB in BY x 100
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new - old/old x 100
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New CPI - old CPI/old CPI x 100 GDP deflator CY - GDP deflator BY/GDP deflator BY x 100
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Nominal value/(CPI/100)
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(Real GDP)(PL/100)
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Nominal GDP/real GDP x 100
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Gross income - income tax Spending on goods and services + savings
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Change in consumption/change in disposable income
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Change in savings/change in disposable income
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1
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1/MPS
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(Change in initial spending)(spending multiplier) (Change in taxes)(tax multiplier)
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-(MPC/MPS)
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Real interest rate + inflation rate
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Required reserves/demand deposits x 100
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Demand deposits - required reserves - loans
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1/reserve ratio requirement
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Money supply x velocity of money = price level x output ** V and Y are the same
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Deficits - surpluses
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Income = expenses
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Income > expenses
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Income < expenses
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Exports - imports
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Credits
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Debits
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Multiplier x Change in spending
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Change in spending / multiplier
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