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National accounts

Chapter 9

Subject: 
Human Geography
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National accounts
economics
Development
Human Development Index
Economic sector
Gross domestic product
Developing country
Tertiary sector of the economy
Secondary sector of the economy
Value added
Primary sector of the economy
Economy

Notes on Key Issue 1; Chapter 9 Development- the process of improving the material conditions of people through diffusion of knowledge and technology More Developed Countries (MDCs) - has progressed further along the development continuum Less Developed Countries (LDCs) - a country in an earlier stage of development Human Development Index (HDI) - recognizes that a country?s level of development is a functio9n for all three factors 3 factors- economic, social and demographic Highest HDI is Norway at 0.944 in 2001 Economic Indicator is gross domestic product per capita Gross Domestic Product (GDP) - value of the total output of goods and services produced in a country Jobs three categories- primary, secondary and tertiary

2008_form_b.pdf

Subject: 
Economics
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economics
education
macroeconomics
National accounts
demand
inflation
Gross domestic product
College Board
PSAT/NMSQT
Aggregate demand
Real gross domestic product
Real interest rate

AP? Macroeconomics 2008 Free-Response Questions Form B The College Board: Connecting Students to College Success The College Board is a not-for-profit membership association whose mission is to connect students to college success and opportunity. Founded in 1900, the association is composed of more than 5,000 schools, colleges, universities, and other educational organizations. Each year, the College Board serves seven million students and their parents, 23,000 high schools, and 3,500 colleges through major programs and services in college admissions, guidance, assessment, financial aid, enrollment, and

Krugman AP Macroeconomics Chapter 11

Subject: 
Economics
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National accounts
economics
Econometrics
Gross domestic product
macroeconomics
Real gross domestic product
Measuring GDP
Real versus nominal value
Real versus nominal value
inflation
Economic growth
GDP deflator
Business
behavior
Human development
Computing
Computer file formats
Electronic documents
Interpersonal relationships
Psychoanalysis
Human behavior
Portable Document Format
Attachment theory
Technology

Chapter 11: Interpreting Real Gross Domestic Product ? -The difference between real GDP and nominal GDP -Why real GDP is the appropriate measure of real economic activity ? GDP: a measure of the size of the economy represents increase in prizes of goods and services rather than an increase in output provides a good way to compare the size of different economies but not a good measure of the economy?s growth over time can grow to economic expansion or just inflation Real GDP: measures actual changes in aggregate output/ adjusted for price changes total value of all final goods and services produced during a given year calculated using the prices of a selected base year (assumed prices stay constant)

Krugman AP Macroeconomics Chapter 11

Subject: 
Economics
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Tags: 
National accounts
economics
Econometrics
Gross domestic product
macroeconomics
Real gross domestic product
Measuring GDP
Real versus nominal value
Real versus nominal value
inflation
Economic growth
GDP deflator
Business
behavior
Human development
Computing
Computer file formats
Electronic documents
Interpersonal relationships
Psychoanalysis
Human behavior
Portable Document Format
Attachment theory
Technology

Chapter 11: Interpreting Real Gross Domestic Product ? -The difference between real GDP and nominal GDP -Why real GDP is the appropriate measure of real economic activity ? GDP: a measure of the size of the economy represents increase in prizes of goods and services rather than an increase in output provides a good way to compare the size of different economies but not a good measure of the economy?s growth over time can grow to economic expansion or just inflation Real GDP: measures actual changes in aggregate output/ adjusted for price changes total value of all final goods and services produced during a given year calculated using the prices of a selected base year (assumed prices stay constant)

Krugman AP Macro Economics Chapter 10

Subject: 
Economics
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National accounts
economics
macroeconomics
Economic indicators
Gross domestic product
Circular flow of income
Measuring GDP
Measures of national income and output
Balance of trade
Value added
Investment
National Income and Product Accounts
Business
behavior
Human development
Computing
Computer file formats
Electronic documents
Interpersonal relationships
Psychoanalysis
Human behavior
Portable Document Format
Attachment theory
Technology

?? Chapter 10: The Circular Flow and Gross Domestic Product ? National income and product accounts/National accounts: keep track of the flows of money between different sectors of the economy/ keep track of the spending of consumers, sales of producers, business investment spending, government purchases, and a variety of other flows of money among different sectors of the economy The Simple Circular Flow Diagram: Simple economic diagram with households and firms, omits a number of real-world complications in the interest of simplicity Household: consists of either an individual or a group of people who share their income Firm: is an organization that produces goods and services for sale and employs members of households

Human Geo ch. 11

Subject: 
Human Geography
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National accounts
Debt
Least developed country
Infant mortality
Gross domestic product
Business
Technology
Productivity
Economic indicator
economics
Social Issues

Isaiah Bennett p.1 3/5/13 Ch.9 K.I 1 Economic Indicator of development United Nation selects one economic factor, two social factors, and one demographic factor that in the opinion of a international team The economic factor is gross domestic product (GDP) The social factor are the literacy rate and amount of education? The demographic factors life expectancy Gross Domestic Per Capita Average individual earns a much higher income in an MDX than in an LDC, Per capita income is a difficult figure to obtain in many countries, so to get a example of average incomes in various, geographers Gross Domestic Product (GDP) Is the value of the total output of goods and services produced in a country Types of Jobs

Ch 7 econ notes

Subject: 
Economics
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economics
macroeconomics
National accounts
Fiscal policy
business cycle
unemployment
Recession
Gross domestic product
Government budget deficit
Political debates about the United States federal budget
Balance of trade
Business

1.????? Real Economic growth a.?????? How does real economic growth occur? ????????????????????????????????????????????????????????????? i.????? When the factors of production improve b.????? What does it look like on an AS AD model? ????????????????????????????????????????????????????????????? i.????? Aggregate= Total ??????????????????????????????????????????????????????????? ii.????? On Y axis is Average Price Level ????????????????????????????????????????????????????????? iii.????? On X axis is Real GDP (Real Output c.?????? PPC? ????????????????????????????????????????????????????????????? i.????? AD=C+Ig+G+Xn 1.????? Consumption, Investment, Gov Spending, Exports 2.????? So the curve will shift with these factors 2.????? Business Cycle (See One Note) a.?????? Explain What it is
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