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Chapter 20-23

ECON 1010 Chapter 20-23: econ 1010 20-21-22-23
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Department
Economics
Course
ECON 1010
Professor
Ardeshir Noordeh
Semester
Winter

Description
House hoos. market Rest of unnd u income Gowemmenl expendi Shows 2 s of measuring expenditure NI nes investments incorp hoss means before deducerg me deprecoiton of copra ot means aner ded Jorg we dep capital et N NDP probem. last production Los naman Caetau Human Misery Social impact Tay impo bar force X ment rate of peope unempcyed bour force) x Case of unuci untary Port coo rgroge popu Labour force people employed Lorar force pacacpatrg age people. classRed 3 types bereifs ger at .Structural artses %on cnorges in tech Reeign compe Hon ekportsion caused by unemployment and seasonal but NGT cyclical. Full emplayment Unemployment rate natural unemployment rate House hoos. market Rest of unnd u income Gowemmenl expendi Shows 2 s of measuring expenditure NI nes investments incorp hoss means before deducerg me deprecoiton of copra ot means aner ded Jorg we dep capital et N NDP probem. last production Los naman Caetau Human Misery Social impact Tay impo bar force X ment rate of peope unempcyed bour force) x Case of unuci untary Port coo rgroge popu Labour force people employed Lorar force pacacpatrg age people. classRed 3 types bereifs ger at .Structural artses %on cnorges in tech Reeign compe Hon ekportsion caused by unemployment and seasonal but NGT cyclical. Full emplayment Unemployment rate natural unemployment rateat population scade of structural cnarg wage cate unempucument benefits ation pr be ation redisArbotes onne. E uwedth lawes reat app and onplaywent diverts rescurces fram production. hyper inflaton rate sa rapid worces are paid turco day oc money (oses is watud ru cicly CPI defined to equal laa or the reference peciod IOPI bosuet consists of re items an overage urban I. Find the cost of cpl Yet G bose-period pices me 2. rins tve cost of tne CPI. ket 3 pariiod fodees 3. Caiculate tre for tre curent perpd casu of CPI basket 6 peri ad prices Last yea vs price wee (CPI) is cnange of price so it is beung same as the Biased CPI 4 CPI might aver der stated bac y change bias Com modify substitution bas Real wercoMos bu use current per cd F Previous peiod 40ammes X (00 consumptan expenditures real consumptian ompenditure manged Price real wage cate RDP deflator at population scade of structural cnarg wage cate unempucument benefits ation pr be ation redisArbotes onne. E uwedth lawes reat app and onplaywent diverts rescurces fram production. hyper inflaton
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