ECON 101 Lecture Notes - Lecture 1: London Underground T Stock, Louse, Avocado
Document Summary
1 goods market market are purchased by their. 2 labor market market intermediate goods for inputs including that services users labor materials. 3 financial market market capital financialassets like loans bonds for land machines tech buildings assets assets include physical r. Gdp total value measured mkt prices of services produced in a country during a ways to measure gdp. Two the goods mkt stocks final goods all year. Expenditure method add up money on all the things we spend. We break use this down into problem manypeople. Govement purchases purchases by governments does not services but payments like snap benefit or of include final goods transfer socialsecurity. Imports services that people in new goods purchasefrom us new goods t services that people in our country buy from other deducted countries other countries. Inome earned employee compensation me corporate profits rental net interest insane. National ther income note national income t gdp.
