L13 - The Real Economy in the Long-Run

Flashcards by Sophia Lynch, created more than 1 year ago

ECON112 (Terry Kerr) Flashcards on L13 - The Real Economy in the Long-Run, created by Sophia Lynch on 12/08/2020.

	Created by Sophia Lynch almost 4 years ago

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What does PPP (Purchasing Power Parity) consider that GDP doesn't?

Is GDP a cardinal or an ordinal measure?

Real GDP is not the same as...

What is the 'rule of 70?'