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Gross domestic product

The Cultural Landscape (Rubenstein) Chapter 9 review questions

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?PAGE ? ?PAGE ?1? AP Human Geography Chapter 9 Development 1. In what ways can tourism create tension between vacationers and local populations? 2. What aspects of development are geographers most concerned with? Case Study: Bangladeshs?s Development Challenges 3. What is a tenant farmer? 4. Why is the plight of women the main underlying development challenge in Bangladesh? Introduction 5. Define development. 6. How does the text divide the world according to levels of development? 7. What are some other terms for LDCs? Key Issue I Why Does Development vary Among Countries? 8. Describe the basic factors that make up the Human Development Index (HDI) Economic Indicators of Development 9. Fill in the chart below Economic Social

Chapter 9

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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

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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 Module 16

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Module 16: Income and Expenditure -The nature of the multiplier, which shows how initial changes in spending lead to further changes -The meaning of the aggregate consumption function, which shows how current disposable income affects consumer spending -How expected future income and aggregate wealth affect consumer spending -The determinants of investment spending -Why investment spending is considered a leading indicator of the future state of the economy ? Assumptions: 1. We assume producers are willing to supply additional output at a fixed price causing changes in overall spending translate into changes in aggregate output 2. We take the interest rate as given 3. We assume that there is no government spending and no taxes

Krugman AP Macroeconomics Chapter 11

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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

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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

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?? 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

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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

as

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Chapter 24 Outline Economic Systems and Sustainability A. An economic system produces and distributes goods and services by using natural, human, and physical resources. 1. An economic system produces, distributes and consumes goods and services. 2. Three types of resources are used to produce goods and services, natural resources, human resources (labor and skills), and physical or manufactured resources (tools, machinery, etc) B. A purely free-market system is a theoretical ideal where buyers and sellers interact in markets without interference by government or other interference. 1. In the ideal, all economic decisions are governed by demand and supply and price.

Economics Commentary (IB, IA)

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Commentary This article is about a recent decline in England?s economy, and how it may affect us on a macroeconomic level (i.e. the country?s future in regards to its, monetary policy, employment, GDP, and inflation). As England endures their economic recession we?ve seen an increase in unemployment, reductions in salaries and wages, and a decrease in consumer confidence.

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