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Econ: Unit 6

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Question
Answer
GDP stand for?   show
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GDP definition   show
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show things that aren't counted in the GDP  
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omissions: examples   show
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show charities, welfare checks, loans  
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sale of used goods   show
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show Gross domestic income  
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GDY definition   show
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show C+I+G+X  
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gdp equation for?   show
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gdy equation for?   show
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show C+S+T+M  
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Leakages>injections=   show
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show inflation  
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show consumer spending  
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show consumer spending  
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I in GDP   show
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show government spending  
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X in GDP   show
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S in GDY   show
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show taxing  
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show imports  
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show unemployment driven by the business cycles  
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show technology comes in and people who don't know how to use it get replaced, company moves overseas, product becomes unpopular  
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seasonal unemployment   show
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technological unemployment   show
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show students just out of college w/o a job, people who quit a job to find a new one  
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show tax adjustments & government ependitures  
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show reduces unemployment  
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show reduces inflation  
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governments contribution to fixing economic problems of inflation/recession   show
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internal debt   show
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external debt   show
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show internal  
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show social security & unemployment  
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civilian labor force includes:   show
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show prisoners, individuals in the military, and mental hospital patients  
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show medicare and medicaid  
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18% of government spending is on...   show
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7% of government spending is on .....   show
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most common form of unemployment   show
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show structural  
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Keynesian theory   show
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new deal   show
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involuntary unemployment, Keynesian or classical?   show
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show laissaz-faire principles apply  
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show classical  
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show decrease taxes & increase government expenditures  
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contractionary policy   show
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how we pay off natonal debt   show
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