Macroeconomics

1) Define the Gross Domestic Product, what does it include, and how is it calculated? 2) What is meant by the per capita GDP? 3) Define the labor-force participation rate. hemohis Jon Indyim agrives rolfrong noizascent al (85 4) What is the difference between GDP and GNP? Setmove to sonoupse forty 5) What are some side effects of increased unemployment? 6) Explain differences between seasonal, structural, frictional and cyclical unemployment. WWW (OE 7) Which countries produce the most output annually? mommoveg went of sub bramob stagerage 8) What is included in consumption, investment, and government purchases? 9) What are the redistributive effects of inflation? Tiqluo To lovol bris xim sir yo sanomy al and W (EE 10) Inflation and Deflation mean? 11) A decrease in the average level of prices of goods and services is: 12) If the CPI increases from 100 to 130 for one year, the rate of inflation for that year IS. 13) If employed persons equals 50 million, unemployed persons equals 10 million, and number over age 16 equals 80 million, the unemployment rate and labor force participation rates equal? 14) Why are creditors harmed by unexpected inflation? zulgrange one isitw (BE 15) If nominal GDP in 2000 is less than nominal GDP in 1998, the economy's real output of goods and services must have been in recession? ge ai 16) What is meant by a circular flow model of the economy in terms of expenditures equalling incomes? Plionfeb dogbud quenov Joob lenoisn edi noswied conoroflib sthi si tedW (IA 17) Define and explain the average propensity to consume. win . 2.U ordi To mrsblond mods won't (SA 18) What is meant by a recessionary GDP gap: the flow .benitob )dob Inmistall (ED 19) Disposable income is equal to: idsb Isnoitsn bus esoflab Jasminevog to footal (AA 20) A stock market crash that affects the wealth of individuals will change the level of? 21) What are key determinants of investment? 22) Which of the following will cause the aggregate-demand curve to shift to the left? 23) Using the output at which the aggregate expenditure curve intersects the 45-degree line, where can we identify equilibrium, savings and dissavings? 24) Leakages include? 30 TM wol's rhiw georit of esilimel OM rigid mont beast rumi ai Smoond liensaged hardw roe