B200.F09.W10.Macromeasures.PP

B200.F09.W10.Macromeasures.PP - BUAD 200 Introduction to...

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BUAD 200 Introduction to Macroeconomics Week 10: October 26-28, 2009
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Macroeconomics (Cha 15) Macroeconomics (Cha 15) Micro economics : The study of how households and Firms make decisions and interact in markets Macro economics : The study of the economic system, the role of government, and the topics of inflation, unemployment and Growth
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Goals of the Macroeconomy High, steady rate of growth in real output (Q r ) Full Employment Stable Prices (Low Inflation) Stable Interest Rates Stable Financial Markets Stable Exchange Rates
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GDP Real Growth Rates 2007
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GDP = Gross Domestic Product The total dollar value at current market prices of the final goods and services produced domestically in one year. $14.265 Trillion,2008: 1 st Q – 6.4% , 2 nd Q - .7% GDP = P GDP = P l x Q x Q r. r. P P l l = A vector of Prices = A vector of Prices
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2 nd Qtr decrease results from: Negative contributions from: private inventory investment nonresidential fixed investment
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This note was uploaded on 11/07/2009 for the course BUAD 200x at USC.

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B200.F09.W10.Macromeasures.PP - BUAD 200 Introduction to...

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