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Textbook Notes for Richard Tresch

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BCECON1132Richard TreschSpring

ECON1132 Chapter Notes - Chapter 8: Comparative Advantage, Parthiv Patel, Aggregate Supply

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Adverse aggregate supply shocks are shocks that cause the aggregate supply curve. Problem set #8 in the short run to move to the left. They are often c
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BCECON1132Richard TreschSpring

CH 11 Notes

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BCECON1132Richard TreschSpring

ECON1132 Chapter Notes -Barter

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BCECON1132Richard TreschSpring

CH 6 Notes

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BCECON1132Richard TreschSpring

CH 9 Notes

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Fed er al res er ve banking syst e m: the c e n tr al b a nk of t h e us. Fisc al policy: ch a n g e s in t h e influencing the level and the compositi
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BCECON1132Richard TreschSpring

CH 10 Notes

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H o u s e h olds con s u m p tion d e m a n d e q u als t h eir dispos a bl e inco m e. Bre a k eve n level of dispo s a bl e inco m e: the level of di
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BCECON1132Richard TreschSpring

ECON1132 Chapter Notes -Hyperinflation

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Consumer price index: a price index based on a market basket of consumer goods the previous year] x 100 and services purchased by the typical household
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BCECON1132Richard TreschSpring

CH 3 Notes

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BCECON1132Richard TreschSpring

ECON1132 Chapter Notes - Chapter 2: Parthiv Patel, Fisher Equation

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BCECON1132Richard TreschSpring

ECON1132 Chapter Notes - Chapter 3: Unemployment, Black Market, Parthiv Patel

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BCECON1132Richard TreschSpring

ECON1132 Chapter Notes - Chapter 6: United States Treasury Security, Reserve Requirement, Discount Window

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BCECON1132Richard TreschSpring

ECON1132 Chapter Notes - Chapter 5: Aggregate Demand, Parthiv Patel

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Problem set #5: p. 304-305; questions 3, 5, 6 & 7, mspending = 1/(1-mpc) x 10 = - change in national income: a. mtransfers = mpc/(1-mpc) x 3 = chang
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