New User Special Price Expires in

Let's log you in.

Sign in with Facebook


Don't have a StudySoup account? Create one here!


Create a StudySoup account

Be part of our community, it's free to join!

Sign up with Facebook


Create your account
By creating an account you agree to StudySoup's terms and conditions and privacy policy

Already have a StudySoup account? Login here

Principles Of Macroeconomics

by: Jada Mayer

Principles Of Macroeconomics ECON 2020

Marketplace > Western Michigan University > Economcs > ECON 2020 > Principles Of Macroeconomics
Jada Mayer
GPA 3.78

Edward Vanwesep

Almost Ready


These notes were just uploaded, and will be ready to view shortly.

Purchase these notes here, or revisit this page.

Either way, we'll remind you when they're ready :)

Preview These Notes for FREE

Get a free preview of these Notes, just enter your email below.

Unlock Preview
Unlock Preview

Preview these materials now for free

Why put in your email? Get access to more of this material and other relevant free materials for your school

View Preview

About this Document

Edward Vanwesep
Study Guide
50 ?




Popular in Course

Popular in Economcs

This 1 page Study Guide was uploaded by Jada Mayer on Wednesday September 30, 2015. The Study Guide belongs to ECON 2020 at Western Michigan University taught by Edward Vanwesep in Fall. Since its upload, it has received 22 views. For similar materials see /class/216940/econ-2020-western-michigan-university in Economcs at Western Michigan University.


Reviews for Principles Of Macroeconomics


Report this Material


What is Karma?


Karma is the currency of StudySoup.

You can buy or earn more Karma at anytime and redeem it for class notes, study guides, flashcards, and more!

Date Created: 09/30/15
OC per unitARA what is given in equation LABLE GRAPH ABCDE EDCBA remember if one variable does not change you would be dev by 0 so the answer would be 0 Law of OC As production ofa good increases the OC also increases Efficientl All res are bein used CPI Present CPI Past Value X Price of the astad39 for in ation Output 1987 1988 Price 1987 1988 Calculate 1988 nominal GDP 1988 output of Wheat 9000 10000 Wheat 90 100 A1988 Price ofA 1988 output of B1988 Milk 22000 20000 Milk 210 250 priceofBl10000Wl501000ml60000 Real GDP Nominal GDP for 1st yr 1988 Real GDPYr 2 output ofW yr 1 price ofWyr1 output of Myr2 price of M Keynes theory know both P and real GDP to find Aggregate demand Q DemQ Supplied Condition Stag ation is caused by a downward shift of the aggregate demand US EXp 1974 to 1975 Real GDPReal Gov Spending Consumer Price IndeXwhat the price rose byavg price base yr2016 EX Simple Economy C100bil9Y Des 1200 bi1 full employ IncomeYF4000 billion What is the undesired change in inventories S14000100300 300200100bil How much of an increase in autonomous desired spending would there have to be to achieve YEYF 100 bil Suppose the AD and AS cures cross at a point to the right of full emp real GDP if Fed did nothing AS curve would shift u I 39 U until rec the fed reserve has been raisin the IR bc it wanted to Shift the AD curve to the left iquot


Buy Material

Are you sure you want to buy this material for

50 Karma

Buy Material

BOOM! Enjoy Your Free Notes!

We've added these Notes to your profile, click here to view them now.


You're already Subscribed!

Looks like you've already subscribed to StudySoup, you won't need to purchase another subscription to get this material. To access this material simply click 'View Full Document'

Why people love StudySoup

Jim McGreen Ohio University

"Knowing I can count on the Elite Notetaker in my class allows me to focus on what the professor is saying instead of just scribbling notes the whole time and falling behind."

Kyle Maynard Purdue

"When you're taking detailed notes and trying to help everyone else out in the class, it really helps you learn and understand the I made $280 on my first study guide!"

Bentley McCaw University of Florida

"I was shooting for a perfect 4.0 GPA this semester. Having StudySoup as a study aid was critical to helping me achieve my goal...and I nailed it!"


"Their 'Elite Notetakers' are making over $1,200/month in sales by creating high quality content that helps their classmates in a time of need."

Become an Elite Notetaker and start selling your notes online!

Refund Policy


All subscriptions to StudySoup are paid in full at the time of subscribing. To change your credit card information or to cancel your subscription, go to "Edit Settings". All credit card information will be available there. If you should decide to cancel your subscription, it will continue to be valid until the next payment period, as all payments for the current period were made in advance. For special circumstances, please email


StudySoup has more than 1 million course-specific study resources to help students study smarter. If you’re having trouble finding what you’re looking for, our customer support team can help you find what you need! Feel free to contact them here:

Recurring Subscriptions: If you have canceled your recurring subscription on the day of renewal and have not downloaded any documents, you may request a refund by submitting an email to

Satisfaction Guarantee: If you’re not satisfied with your subscription, you can contact us for further help. Contact must be made within 3 business days of your subscription purchase and your refund request will be subject for review.

Please Note: Refunds can never be provided more than 30 days after the initial purchase date regardless of your activity on the site.