Flashcards
Macro-Economics
Cards in this deck (6)
- 1Aggregate Demand FormulaAD=C+I+G+(X-M)
- 23 things that affect Domestic Consumption1. Consumer Confidence
2. Personal disposable income
3. The availability of credit - 33 things that affect business Investment1. Business Confidence
2. The availability of credit
3. Business Profits - 4What affects Government Spending?1. Political orientation of the party in power
2. Size of debt and deficit - 5What is the Balance of Payments?The amount of goods that a country Imports taken away from the amount that a country Exports
- 6What affects the Balance of Payments?1. The ability of domestic producers to produce goods
2. The exchange rate
3. The quality of foreign and domestic goods