39 questions at least 9 are multiplier questions calculate and using multipliers Modern Macroeconomics Keyenes Great Depression Business cycle upswing downswing As economy contracts and we go into recession unemployment increases GDP GNP How to measure real GDP Unemployment rate natural rate of unemployment GDP inflator Real and nominal interest rates Consumption is the sum of durable goods nondurable goods and services Investment is the sum of business plant equipment change in inventories new residential construction GDP C I J net exports given big table calculate GDP Concept of equilibrium and multiplier o With gov and taxes as well o Equilibrium y c I J o Multipliers investment spending government spending tax o One set of multipliers when we assume that taxes are lump sum o How is the multiplier affected when taxes are a function of income o KNOW ALL THE MULTIPLIER FORMULAS Paradox of thrift
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