Econ 2305 - Study guides, Class notes & Summaries

1. Refer to this graph. Which one of the following shocks could have caused this to happen? a. an increase in the amount of money in circulation b. a decrease in consumer confidence c. more government spending d. an increase in the supply of labor 2. P- price level, Q- real GDP, and U = the unemployment rate. If the economy is in equilibrium and then the AD curve shifts leftward, we expect to see the following outcome in the short run: a. P down Q down U up 3. Refer to this graph. Which on...

These notes cover and introduce what CPI is in economics and the Business Cycle. It talks about the flow of business and how CPI is calculated and used.

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ECON 23051.Refer to this graph. Which one of the following shocks could have caused this to happen? increase in the amount of money in circulation b. a decrease in consumer confidence government spending increase in the supply of labor

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These are notes on the concept of balance of payments. It discusses how accounts are balanced and what measures are taken for it to be taken care of.