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Fundamentals of Economics

Goals, GDP, Economic Growth, and Inflation

Unemployment and Aggregate Demand

Monetary Policy, Fiscal Policy, and Exchange Rates

Unemployment and Aggregate Demand

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Unemployment and Aggregate Demand

  1. Thomas Malthus Theory on Population Growth
  2. Labour Force Participation Rate
  3. Calculating Unemployment Rate
  4. Accuracy of the Unemployment Rate
  5. Types of Unemployment
  6. GDP Gap and Okun's Law
  7. Classical Theory of Unemployment
  8. Keynesian Theory of Unemployment
  9. Real v Nominal Income
  10. Consumption Spending
  11. MPC and MPS
  12. Investment Spending
  13. Government Spending
  14. Net Export Spending
  15. What Happens to AE and Equilibrium When C, I, G, X, or IM Change?
  16. Expenditure Multiplier
  17. Relationship between AE and Aggregate Demand
  18. Aggregate Demand (Definition and Why Downward Sloping)
  19. Determinants of Aggregate Demand
  20. Aggregate Supply
  21. GDP Gap and Aggregate Demand and Aggregate Supply
  22. Classical and Keynesian Views of Aggregate Supply

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