Unformatted text preview: equilibrium price, directions of movement and what they depict, gaps relative to the above policy prescriptions • Macroeconomic policies’ impacts on trade • The Business Cycle and the circular flow of economic activity, injections and leakages • Phillips curve • Automatic stabilizers • Inflationary and recessionary GDP gaps • Various multipliers – import and export, spending, tax, etc. • Types of government spending...
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This note was uploaded on 05/16/2011 for the course ECON 311 taught by Professor Ford during the Spring '11 term at University of San Francisco.
- Spring '11