Notizen
Class Notes
Inhalt der Notizen (1)
Seite 1
GDP- Gross Domestic Product
GNI- Gross National Income
GNP-Gross National Product
Aggregate demand is the total amount of real GDP the consumers, firms, the government and foreigners want to by at each possible price level, over a particular time period.
The Aggregate demand shows the relationship between the GDP and the economy's price level.
The AD curve has a downward slope indicating a negative relationship between price level and GDP:
The Wealth Effect
Negative causal relationship between price value and real value wealth.
The interest rate effect
The international trad effect
Informationen
- Beschreibung
- International Baccalaureate Economics Notiz am Class Notes , erstellt von Judy Asman am 07/06/2016.
- Erstellt von
- Judy Asman
- Aufrufe
- 0
- Bewertung