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Textbook Notes for James Self

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IUECON-E 202James SelfSpring

ECON-E 202 Chapter Notes - Chapter 6: Gdp Deflator, National Wealth

OC14502924 Page
1 Feb 2017
5
Gross domestic product: the market value of all final goods and services produced within a country in a year, use the average market value, do not incl
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IUECON-E 202James SelfSpring

ECON-E 202 Chapter Notes - Chapter 15: Aggregate Demand, Quantitative Easing, Term Auction Facility

OC14502923 Page
9 Apr 2017
0
The federal reserve system and open market operations. What is the federal reserve system: provides the us money, banker"s bank and governments bank, m
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IUECON-E 202James SelfSpring

ECON-E 202 Chapter Notes - Chapter 13: Stock Market, Money Supply, Government Spending

OC14502923 Page
9 Apr 2017
0
Fluctuations in the growth rate of real gdp around its trend growth rate. Recession: a significant, widespread decline in real income and employment. S
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IUECON-E 202James SelfSpring

ECON-E 202 Chapter Notes - Chapter 11: Creative Destruction, Underemployment, Unemployment

OC14502923 Page
3 Mar 2017
0
Unemployed: workers are adults who do not have a job but who are looking for work: adult: 16 years or older, not institutionalized (prison, a civilian,
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IUECON-E 202James SelfSpring

ECON-E 202 Chapter Notes - Chapter 9: Loanable Funds, Time Preference, Investment Banking

OC14502924 Page
3 Mar 2017
0
Impatience: smoothing consumption, marketing and psychological factors. Individuals want to smooth consumption: people want to spend less than they ear
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IUECON-E 202James SelfSpring

ECON-E 202 Chapter Notes - Chapter 20: Price Signal, Monetary Policy, September 11 Attacks

OC14502923 Page
25 Apr 2017
0
Reversing course and engineering a decrease in ad. Sometimes economics can be stuck between a rock and a hard place. Ronald regan reducing inflation ov
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IUECON-E 202James SelfSpring

ECON-E 202 Chapter Notes - Chapter 12: Gdp Deflator, Litter Box, Disinflation

OC14502923 Page
6 Mar 2017
0
Inflation: an increase in the average level of prices. Inflation rate: the percentage change in a price index from one year to the next. Consumer price
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IUECON-E 202James SelfSpring

ECON-E 202 Chapter Notes - Chapter 8: Human Capital, Marginal Product, Production Function

OC14502922 Page
4 Feb 2017
1
Growth, capital accumulation, and the economics of ideas: catching up vs the cutting edge. Catching-up: growth due to capital accumulation, china. Cutt
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IUECON-E 202James SelfSpring

ECON-E 202 Chapter Notes - Chapter 1: Money Supply, Carl Menger, William Stanley Jevons

OC14502922 Page
1 Feb 2017
1
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IUECON-E 202James SelfSpring

ECON-E 202 Chapter Notes - Chapter 7: Infant Mortality, Doubling Time

OC14502922 Page
2 Feb 2017
1
70/x years: there are growth miracles and growth disasters, miracles, japan: following ww2 one of the poorest country in the world, grew at. 1/3 of wha
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