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Textbook Notes for ECON 320 at Queen's University

QUEEN'SECON 320Wenbo ZhuFall

ECON 320 Chapter Notes - Chapter 3: Procyclical And Countercyclical

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23 Sep 2017
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QUEEN'SECON 320Wenbo ZhuFall

ECON 320 Chapter Notes - Chapter 13: Real Business-Cycle Theory, Factors Of Production

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22 Sep 2017
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Average labour productivity = slope of line ab. Then increase future total factor productivity: labour input increases to n2, output increases to y2, a
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QUEEN'SECON 320Wenbo ZhuFall

ECON 320 Chapter Notes - Chapter 1: Gross Domestic Product, Comparative Advantage, Real Business-Cycle Theory

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22 Sep 2017
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Study aggregate behaviour of: consumers and firms, behaviour of governments, overall economic activity, economic interactions among nations, effects of
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QUEEN'SECON 320Wenbo ZhuFall

ECON 320 Chapter Notes - Chapter 2: Inventory Investment, Weighted Arithmetic Mean

OC13108872 Page
22 Sep 2017
0
= labour force / (total working - age population) = employment / (total working - age population) A good that is produced, then used as an input in ano
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