econ week 7 notes
econ week 7 notes ECON 104
Popular in Introductory Macroeconomic Analysis and Policy, Goffe
verified elite notetaker
Popular in Department
This 1 page Class Notes was uploaded by Evangelos Katradis on Saturday March 26, 2016. The Class Notes belongs to ECON 104 at Pennsylvania State University taught by Goffe in Spring2015. Since its upload, it has received 13 views.
Reviews for econ week 7 notes
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: 03/26/16
econ week 7 notes factors that go into growth: #1 intuitions • peace property rights • • commercial law • government power (limited) rewards for innovations • • patents • keep profits #2 markets • good intuitions is good for markets • good intuitions=more tech, more $ > increase in growth Terms: unemployed not working but actively searching labor force employed + unemployed (or working & searching for a job) unemployment rate labor force/ unemployed labor force participation rate labor force/population aged 16+ U6 : unemployment rate = [(unemployed + marginal attached + part time want full) / (labor force + marginal attached)]
Are you sure you want to buy this material for
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'