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Equation Sheet GDP Consumption expenditures Residential investment nonresidential investment government purchases changes in inventory net exports Net Investment Gross private domestic investment Depreciation Per Capita GDP GDP Population Growth Rate Year 2 Year 1 Year 1 GDP Deflator Nominal GDP Real GDP x 100 Labor force participation Labor Force Working Age Population x 100 Labor Force Employed Employment Rate Labor Force Employed Unemployed Y C I G Exports Imports Planned Investment G Savings T 1 MPS MPC MPC Change in Consumption Change in Income Multiplier 1 1 MPC OR Multiplier 1 MPS Tax Multiplier MPC MPS Money Multiplier 1 Required Reserve Ratio Open Economy Multiplier 1 1 MPC MPM Change in Y 1 1 MPC x Change in PI Change in Y Change in T MPC MPS Unemployment Rate at Full Employment Frictional Unemployment Structural Unemployment C Autonomous Consumption MPC x Y S Autonomous Consumption MPS x Y M1 Currency Coins Checkable Deposits Traveler s Checks Demand Deposits M2 M1 Savings Deposits Money Market Accounts Other Near Moneys Net Worth Assets Liabilities Assets Reserves Loans Liabilities Net Worth Deposits Excess Reserves Actual Reserves Required Reserves Required Reserves Demand Deposits x Required Reserve Ratio Deposit Reserve Loan Change in Money Supply Money Multiplier x Change in Reserves Interest Rates Interest Received in One Year Amount of Loan x 100 Real Wealth Net Worth Price Level Balance of Trade Exports Imports Balance of Current Account Net Exports of Goods and Services Net Investment Income Net Transfer Payments Balance on Capital Accounts Change in Private US Assets Abroad Change in Foreign Private Assets in US Change in Govt Assets Abroad Change in Foreign Govt Assets in US


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UMD ECON 201 - Equation Sheet

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