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Textbook Notes for Daniel Cohn

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YORKECON 2000Daniel CohnFall

ECON 2000 Chapter Notes - Chapter 4: Economic Equilibrium, Fisher Equation, Opportunity Cost

OC2959077 Page
23 Feb 2017
0
Roughl(cid:455) speaki(cid:374)g, the dollars/(cid:272)urre(cid:374)(cid:272)(cid:455) held (cid:271)(cid:455) the pu(cid:271)li(cid:272) (cid:373)ake
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YORKECON 2000Daniel CohnFall

ECON 2000 Chapter Notes - Chapter 8: Capital Accumulation, Marginal Product, Production Function

OC2959074 Page
23 Feb 2017
0
Research shows that capital accumulation and efficiency are positivel correlated. So the question is whether the large gap between the rich and poor is
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YORKECON 2000Daniel CohnFall

ECON 2000 Chapter Notes - Chapter 3: National Accounts, Gie, Nominal Interest Rate

OC2959075 Page
23 Feb 2017
0
Households receive income from renting out capital and selling labour (remember they provide the input so they receive all the output) The income that
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YORKECON 2000Daniel CohnFall

ECON 2000 Chapter Notes - Chapter 8: Externality, Endogenous Growth Theory, Exogeny

OC2959076 Page
23 Feb 2017
0
One goal of growth theory is to explain the continuous/persistent increase in the standard of living. According to the solow model, continuous growth c
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YORKECON 2000Daniel CohnFall

ECON 2000 Chapter Notes - Chapter 19: Monetary Base, Money Multiplier, Bank Reserves

OC2959073 Page
23 Feb 2017
0
Money supply = currency + deposits or c + d. Reserves the deposits that banks have receive but have not lent out. 100 percent reserve banking when the
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YORKECON 2000Daniel CohnFall

ECON 2000 Chapter Notes - Chapter 6: Efficiency Wage, Real Wages, Skill

OC2959073 Page
23 Feb 2017
0
Natural rate of employment is the average rate of employment in the long-run. Cyclical unemployment are the short-term variations in the unemployment r
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YORKECON 2000Daniel CohnFall

ECON 2000 Chapter Notes - Chapter 20: Money Supply, The Anatomy Of, Aggregate Supply

OC2959076 Page
23 Feb 2017
0
The financial systems are the institutions help institute the flow of funds between savers and investors. What the financial system does: financing inv
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YORKECON 2000Daniel CohnFall

ECON 2000 Chapter Notes - Chapter 18: Historical Cost, Aggregate Demand, Stock Market

OC2959076 Page
23 Feb 2017
0
Business fixed investment includes the machinery, equipment, and structures firms purchase to use in production. Fixed capital are capital that will st
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YORKECON 2000Daniel CohnFall

ECON 2000 Chapter Notes - Chapter 11: Aggregate Demand, Longrun, Deflation

OC2959077 Page
23 Feb 2017
0
The intersection of the ls curve and the lm curve determines the level of income. When one of these curve shifts, the short-run equilibrium changes, an
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YORKECON 2000Daniel CohnFall

ECON 2000 Chapter Notes - Chapter 12: Trade Restriction, Ethiopian Ecclesiastical Titles, System For Information On Grey Literature In Europe

OC2959077 Page
23 Feb 2017
0
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YORKECON 2000Daniel CohnFall

ECON 2000 Chapter Notes - Chapter 10: Liquidity Preference, Keynesian Cross, Money Supply

OC2959075 Page
23 Feb 2017
0
In summary, the lm curve shows the relationship between income and the interest rate that is consistent with the equilibrium in the market for real mon
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YORKECON 2000Daniel CohnFall

ECON 2000 Chapter Notes - Chapter 19: Capital Requirement, Deposit Insurance, Foreign Exchange Market

OC2959073 Page
23 Feb 2017
0
The bank of canada controls the money supply by controlling the monetary base through: Open-market purchase influencing the money supply through the pu
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