Popular in Course
Popular in Economcs
verified elite notetaker
This 1 page Class Notes was uploaded by Miss Kariane McCullough on Saturday October 3, 2015. The Class Notes belongs to EC202 at California State Polytechnic University taught by JasonChang in Fall. Since its upload, it has received 14 views. For similar materials see /class/218371/ec202-california-state-polytechnic-university in Economcs at California State Polytechnic University.
Reviews for PrinciplesofEconomics
Report this Material
What is Karma?
Karma is the currency of StudySoup.
Date Created: 10/03/15
Study Guide for EC 202 Midterm II Chapter 6 1 Understand Business Cycles output and employment 2 Long run growth 3 In ation 4 De ation 5 Trade surplus and de cit Chapter 7 1 GDP 2 Government Transfer 3 Investment vs Investment Spending 4 GDPCIGNX 5 Intermediate goods 6 Measuring GDP 7 Real GDP vs Nominal GDP 8 Calculating CPI 9 Calculating Real GDP and Nominal GDP Chapter 8 1 Unemployment rate 2 Discourage worker 3 Labor Force and Labor Force Participation Rate 4 Natural Rate of Unemployment 5 Nominal Interest Rate Chapter 9 1 Measuring long rung growth with what 2 Rule of 70 3 Diminishing rate of returns 4 GDP per worker Y L vs Physical capital per worker K L C hapter 1 0 1 Closed Economy where SI 2 Open Economy and K1 3 National Savings 4 Market for Funds 5 Shifter for the Demand of Funds and Supply of Funds 6 Crowding Out Theory