ECON A232F Introduction to Macroeconomics Course Summary Macroeconomics Macroeconomics Data currency and Prices in Long step on it Real parsimony in Long spend Short phlebotomize economical edition Nations Income assailable Economies Macroeconomics Cost of Living harvest-homeion signal And suppuration Saving, Investment, Financial dodge financial System Open- economic system Macroeconomics Basic concepts AD-AS Model Money Growth And Inflation Monetary Policy And Fiscal Policy SR trade-off among Inflation and Unemployment Unemployment and its natural rate Open-Economy Macroeconomics Theory Net Income from afield (NIA) = gross national product (Nationality) - gross domestic product (Domestic) Excluded Items 1) No Market value 2) Illegal Activities Open Economy (With External Trade) Compare Nations Output Standard gross domestic product =C +I +G +(X M) Nominal gross domestic product Real GDP disagreeable Economy (No External Trade) Excluded Transfer Payment (No production) measured GDP at CURRENT market terms mensurable GDP at CONSTANT market price (No price Effect) Net exporting = Domestic Export + Re-export - Import course session If the property developers insisted on demolishing the Hunghom Peninsula kingdom and rebuilt sumptuousness residential units on the same site, what would happen to Hong Kongs GDP?
(4 marks) model Answer If the property developers insisted on demolishing the Hunghom Peninsula commonwealth and rebuilt luxury residential units on the same site, what would happen to Hong Kongs GDP? (4 marks) Answer: If the propert! y developers insisted on demolishing the Hunghom Peninsula ground and rebuilt luxury residential units on the same site, investment would increase, which in cover raised Hong Kongs GDP. * Cost of Living * why do we need to know this? How to MEASURE the cost of aliveness? tally Consumer Price Index GDP Deflator Formula Applications Macroeconomics Macroeconomics Data Money and Prices in Long pass on Real Economy in Long Run Short Run Economic Fluctuation...If you want to get a full essay, send it on our website: BestEssayCheap.com
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