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Textbook Notes for Economics at Rider University


RIDERECO 200Dr. L. TagaSpring

ECO 200 Chapter Notes - Chapter 3: Ice Cream, Demand Curve, Economic Equilibrium

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RIDERECO 200Dr. L. TagaSpring

ECO 200 Chapter Notes - Chapter 12: Aggregate Supply, Fiscal Policy, Aggregate Demand

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RIDERECO 200Dr. L. TagaSpring

ECO 200 Chapter 6: Study Notes at Rider University

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RIDERECO 200Dr. L. TagaSpring

ECO 200 Chapter Notes - Chapter 15: Output Gap, Liquidity Preference, Monetary Policy

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RIDERECO 200Dr. L. TagaSpring

ECO 200 Chapter Notes - Chapter 14: Transaction Account, Open Market Operation, Fiat Money

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RIDERECO 200Dr. L. TagaSpring

ECO 200 Chapter Notes - Chapter 7: Ice Cream, Raw Milk, Disposable And Discretionary Income

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Total market value of final goods and services produced in a given country in a specified time period. Gdp= c + i + g+ (x- im) Included b/c represents
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RIDERECO 200Dr. L. TagaSpring

ECO 200 Chapter Notes - Chapter 11: Price Level, Parsec, Consumption Function

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RIDERECO 200Dr. L. TagaSpring

ECO 200 Chapter Notes - Chapter 1: Marginal Cost, Marginal Utility, Invisible Hand

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Economics- the study of the use of scarce resources to satisfy human wants. Land- natural resources trees, oil, water, air, etc Entrepreneurship- produ
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RIDERECO 200Dr. L. TagaSpring

ECO 200 Chapter Notes - Chapter 13: Output Gap, Lump Sum, Transfer Payment

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Change in y= mpc x change in transfer payments. Change in y=k x mpc x (-change in taxes) If using multiplier, using lump sum tax. Lump sum tax does not
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RIDERECO 200Dr. L. TagaSpring

ECO 200 Chapter Notes - Chapter 8: Frictional Unemployment, Structural Unemployment, Hyperinflation

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Jobless recover - when unemployment keeps increasing while the economy is in expansion. Have no job but also have to be actively looking for a job. Ret
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RIDERECO 200Dr. L. TagaSpring

ECO 200 Chapter Notes - Chapter 2: Ceteris Paribus, Opportunity Cost

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