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Macro economics
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Components of Consumption spending
1.Durable goods
2.Non-durable goods
3.Services
Factors which determine Yf
1.Resources
2.Efficiency
3.Technology
Components of Investment spending
1.Structures
2.Equipment & Software
3.Residential
4.Inventories
Macroeconomic resources
1.Land
2.Labor
3.Capital
4.Entrepreneurship
Components of GDP
1.Consumption
2.Investment
3.Government
4.Exports
5.Imports
Instruments of Fiscal Policy
1.Government spending
2.Taxes
Main Components of M1
1.Currency
2.Checking accounts
Measures of Inflation for goods & services
1.GDP (or Implicit Price) Deflator
2.Consumer Price Index
3.Producer Price Index
Goals of monetary policy
1.Low inflation
2.Low unemployment
3.High real GDP growth
Components of Int’l Trans.
1.Exports
2.Imports
3.Capital Inflows
4.Capital Outflows
Instruments of monetary policy
1.Open Market Operations
2.Reserve Requirements
3.Discount Rate
Components of Government Spending
1.Federal
2.State & Local
Author
Morath
ID
244255
Card Set
Macro economics
Description
List for economics class
Updated
2013-11-01T04:09:18Z
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