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Macroeconomics Equations

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Economics
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macroeconomics
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Formulas for Macroeconomics GDP = C+Ig+G+Xn NDP = GDP ? consumption of fixed capital = GDP - depreciation NI = NDP ? Net foreign factor income earned ? indirect business taxes PI = NI ? SS Contributions ? corporate income taxes ? undist. corporate profit + transfer payments DI = PI ? personal taxes = consumption + savings Price Index Nominal GDP/real GDP Inflation rate (Index 2 ? Index 1)/Index 1 Real GDP Nominal GDP/Price Index Unemployment Rate (Unemployed/Labor force)*100 Okun?s Law For every 1% point actual unemployment rate exceeds natural rate, GDP gap of 2% occurs. Real Income Nominal income/Price index APC Consumption/income APS Saving/income MPC Change in consumption/change in income MPS Change in saving/change in income

Formulas for Macroeconomics

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Economics
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economics
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Formulas for Macroeconomics GDP = C+Ig+G+Xn NDP = GDP ? consumption of fixed capital = GDP - depreciation NI = NDP ? Net foreign factor income earned ? indirect business taxes PI = NI ? SS Contributions ? corporate income taxes ? undist. corporate profit + transfer payments DI = PI ? personal taxes = consumption + savings Price Index Nominal GDP/real GDP Inflation rate (Index 2 ? Index 1)/Index 1 Real GDP Nominal GDP/Price Index Unemployment Rate (Unemployed/Labor force)*100 Okun?s Law For every 1% point actual unemployment rate exceeds natural rate, GDP gap of 2% occurs. Real Income Nominal income/Price index APC Consumption/income APS Saving/income MPC Change in consumption/change in income MPS Change in saving/change in income

Statistics AP Chapter 1 Formulas

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Statistics
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Statistics AP
Formulas

Statistics AP Formulas, Definitions, Summaries Part I Organizing Data: Looking for Patterns and Departures from Patterns Chapter 1 Exploring Data Section 1.1 Displaying Distributions with Graphs INDIVIDUALS AND VARIABLES Individuals are the objects described by a set of data. Individuals may be people, but they may also be animals or things. A variable is any characteristic of an individual. A variable can take different values for different individuals. CATEGORICAL AND QUANTITATIVE VARIABLES A categorical variable records which of several groups or categories an individual belongs to. A quantitative variable takes numerical values for which it makes sense to do arithmetic operations like adding and averaging.
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