1. Assume that Carl and Wanda each make $25,000. Each was given a
raise of $3,000. Carls spending increased from $25,000 to $26,500.
Wandas savings increased from $1,000 to $3,000.
Carl lives in the Macro Islands. What is Carls MPC? (Show the
National Income Accounting
and Fiscal Policy
Updated September 1, 2015
Refer to fluctuations in the level of economic
activity over the progression of time
Anatomy of a Busi
the Effects of Inflation
In Time-series Data
Updated Sept. 1, 2015
Inflation and its effect on the value of money
inflation: Increases in overall price levels over the progression of
When inflation is experienced, the purchasing powe
If a body of mass m is in constant motion no
acceleration or deceleration occurs !
Acceleration a can be caused by leg muscle force F !
Deceleration can be caused by friction, muscle force or
external forces (by running into a wall for example).
Holds the data of a database
Problem with database table:
1) Updating Jones address we will have to update seve
Tools, Modes, and Pitfalls.
What is Fiscal Policy?
Refers to Actions taken by the government (specifically the
President and Congress) in order to change total spending in the
hopes of producing a desirable macroeconomic outco