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Macroeconomic
Essay specific features
Written by:
Matthew M
Date added:
November 6, 2011
Level:
University
Grade:
A
No of pages / words:
5 / 1129
Was viewed:
7766 times
Rating of current essay:
Essay content:
This is the very complicate field and there are many factors that influence it. Macroeconomic analysis focuses on these things: Gross Domestic product, unemployment, inflation, and interest rate.
1) Gross Domestic Product (GDP) is the total market value of all final goods and services produced in an economic in one year period...
displayed 300 characters
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Macroeconomic analysis focuses on these things: Gross Domestic product, unemployment, inflation, and interest rate.
1) Gross Domestic Product (GDP) is the total market value of all final goods and services produced in an economic in one year period. (Colander, 2004). GDP also is an economic indicator it measure the size of economic by this formula ( Wikipedia )
GDP = C + I + G + NX
Where
? C is private consumption, personal expenditure of households such as food, rent, medical expense, and new housing...
displayed 300 characters
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