Textbook Notes for Wentang Kuo

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UWECON102Wentang KuoFall

ECON102 Chapter Notes - Chapter 27: Business Cycle, Potential Output, Autonomous Consumption

OC4132514 Page
20 Nov 2016
8
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UWECON102Wentang KuoFall

ECON102 Chapter Notes - Chapter 30: Nominal Interest Rate, Demand Curve, Output Gap

OC4132514 Page
30 Dec 2016
2
Bank of canada act objective of monetary policy is to control the quantity of money and interest rates in order to avoid inflation and prevent excessiv
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UWECON102Wentang KuoFall

ECON102 Chapter Notes - Chapter 29: Deficit Spending, Umber, Output Gap

OC4132513 Page
30 Dec 2016
0
Fiscal policy the use of the federal budget to achieve macroeconomic objectives such as full employment, sustained long-term economic growth, and price
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UWECON102Wentang KuoFall

ECON102 Chapter Notes - Chapter 28: Output Gap, Stagflation, Real Interest Rate

OC4132512 Page
30 Dec 2016
1
Chapter 28: the business cycle, inflation, and deflation. Mainstream business cycle theory potential gdp grows at a steady rate while aggregate demand
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UWECON102Wentang KuoFall

ECON102 Chapter Notes - Chapter 24: Credit Union, Barter, Opportunity Cost

OC4132515 Page
4 Nov 2016
3
Chapter 24: money, the price level, & inflation. Money has been around a long time and has taken many forms. Money any commodity or token that is gener
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UWECON102Wentang KuoFall

ECON102 Chapter Notes - Chapter 23: Financial Capital, Financial Institution, Production Function

OC4132515 Page
4 Nov 2016
8
Plays a crucial role in the economy provides the channels through which saving flows to finance the investment in new capital that makes the economy gr
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UWECON102Wentang KuoFall

ECON102 Chapter Notes - Chapter 26: Pessimism, Macroeconomics, Shortage

OC4132515 Page
30 Dec 2016
1
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UWECON102Wentang KuoFall

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

OC4132515 Page
4 Nov 2016
8
Chapter 25: the exchange rate & the balance of payments. Foreign currency the money of other countries regardless of whether that money is in the form
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UWECON102Wentang KuoFall

ECON102 Chapter Notes - Chapter 20: Gross Domestic Product, Gross Profit, Intermediate Good

OC4132515 Page
28 Sep 2016
12
Gross domestic product (gdp) the market value of all final goods/services produced in a country in a given time period. Final goods & services: gdp is
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UWECON102Wentang KuoFall

ECON102 Chapter Notes - Chapter 21: Labour Force Survey, Structural Unemployment, Real Wages

OC4132515 Page
5 Oct 2016
7
The job markets you enter depends on the # of jobs available & and the # of people competing for it. The class of july 2014, 1. 4 million ca wanted job
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