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Textbook Notes for ECON 1001 at Carleton University

CARLETONECON 1001Paul HaddowFall

chap07.doc

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CARLETONECON 1001Vivek DehejiaWinter

ECON 1001 Chapter Notes - Chapter 5: Gdp Deflator, Transfer Payment

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CARLETONECON 1001Vivek DehejiaWinter

ECON 1001 Chapter Notes - Chapter 6: Market Basket, Gdp Deflator, Nominal Interest Rate

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The consumer price index (cpi): a measure of the overall cost of the goods and services brought by a typical consumer. Statistics canada follows 5 step
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CARLETONECON 1001Vivek DehejiaWinter

ECON 1001 Chapter Notes - Chapter 9: Labour Force Survey, Frictional Unemployment, Efficiency Wage

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Labour force: the total number of workers, including both the employed and the unemployed. ---------labour force= number of employed + number of unempl
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CARLETONECON 1001Vivek DehejiaWinter

ECON 1001 Chapter Notes - Chapter 7: Human Capital, High Standard Manufacturing Company, Foreign Direct Investment

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Economic growth around the world: growth rate measures how rapidly real gdp per person grew in a typical year. Physical capital per worker: workers are
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CARLETONECON 1001Vivek DehejiaWinter

ECON 1001 Chapter Notes - Chapter 8: Department Of Finance Canada, Mutual Fund, Toronto Stock Exchange

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Chapter 8: saving, investment, and the financial system. Financial markets: financial institutions through which savers can directly provide funds to b
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CARLETONECON 1001Vivek DehejiaWinter

ECON 1001 Chapter Notes - Chapter 10: Transaction Account, Debit Card, Demand Deposit

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CARLETONECON 1001Vivek DehejiaWinter

ECON 1001 Chapter Notes - Chapter 13: Loanable Funds, Negative Number, Interest Rate

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Economy: canadas nco has been negative for the past 40 years. Supply and demand for loanable funds and for foreign-currency exchange. Savings = domesti
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CARLETONECON 1001Vivek DehejiaWinter

ECON 1001 Chapter Notes - Chapter 14: Classical Dichotomy, Aggregate Supply, Aggregate Demand

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Recession: a period of declining real incomes and rising unemployment. Fact 1: economic fluctuations are irregular and unpredictable: fluctuations in t
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CARLETONECON 1001Vivek DehejiaWinter

ECON 1001 Chapter Notes - Chapter 12: Real Interest Rate, Exchange Rate, Canadian Dollar

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