Econ: Unit 6
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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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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
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To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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