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Textbook Notes for Maria Viola

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UWECON102Maria ViolaWinter

ECON102 Chapter Notes - Chapter 29: Deficit Spending, Aggregate Demand, Laffer Curve

OC9347076 Page
23 Apr 2016
21
The annual statement of the outlays and revenues of the government of canada, together with the laws and regulations that approve and support those out
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UWECON102Maria ViolaFall

ECON102 Chapter Notes - Chapter 25: Foreign Exchange Market, Crawling Peg, Purchasing Power Parity

OC24673643 Page
15 Jun 2018
0
Foreign currency: the money of other countries regardless of whether the money is in the form of notes, coins, or bank deposits. Influences on quantity
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UWECON102Maria ViolaFall

ECON102 Chapter Notes - Chapter 24: Deposit Account, Real Interest Rate, Loanable Funds

OC24673645 Page
15 Jun 2018
0
Money: any commodity or token that is generally acceptable as a means of payment. Means of payment: a method of settling debt. Medium of exchange: any
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UWECON102Maria ViolaFall

ECON102 Chapter Notes - Chapter 20: Final Good, Environmental Quality

OC24673643 Page
15 Jun 2018
0
Gdp - the market value of the final goods and services produced within a country in a given time period. Final good (or service): is an item that is bo
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UWECON102Maria ViolaFall

ECON102 Chapter Notes - Chapter 26: Aggregate Supply, Potential Output, Aggregate Demand

OC24673644 Page
15 Jun 2018
0
Aggregate supply-aggregate demand (as-ad) model: explains how real gdp and the price level are determined and how they interact. An imaginary market fo
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UWECON102Maria ViolaWinter

ECON102 Chapter Notes - Chapter 25: The Foreign Exchange, Foreign Exchange Market, Canadian Dollar

OC9347075 Page
23 Apr 2016
15
Chapter 25 the exchange rate and the balance of payments. Whenever people buy things from another country, they use the currency of that country to mak
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UWECON102Maria ViolaWinter

ECON102 Chapter Notes - Chapter 28: Main Source, Stagflation, Real Business-Cycle Theory

OC9347073 Page
23 Apr 2016
11
Chapter 28 canadian inflation, unemployment, and business cycle. Short-run result is increased inflation, increased gdp/income, and decreased unemploym
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UWECON102Maria ViolaFall

ECON102 Chapter Notes - Chapter 27: Consumption Function, Aggregate Demand, Chapter 27

OC24673644 Page
15 Jun 2018
0
Keynesian model: in the short run, the price level is fixed and aggregate demand determines real gdp. Aggregate demand: equal to the sum of the planned
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UWECON102Maria ViolaFall

ECON102 Chapter Notes - Chapter 25-30: Gross Profit, Final Good, Income Approach

OC13670466 Page
11 Dec 2016
1
This contrasts with intermediate goods, which are items produced by one firm, bought by another, and used as a component in a final good or services. E
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UWECON102Maria ViolaFall

ECON102 Chapter Notes - Chapter 23: Financial Institution, Demand Curve, Loanable Funds

OC24673643 Page
15 Jun 2018
0
Study of finance: the study of finance looks at how households and firms obtain financial resources and how they cope with the risks that arise in this
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UWECON102Maria ViolaWinter

ECON102 Chapter 27: 27

OC6851099 Page
26 Mar 2016
18
Fixed prices and expenditure plans: planned aggregate expenditure. Keynesian model describes the economy in the very short run when prices are fixed. F
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UWECON102Maria ViolaWinter

ECON102 Chapter 26: 26- Aggregate Demand and Supply

OC6851097 Page
26 Mar 2016
34
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