value of depreciation and accidental damage to capital stock
What is capital consumption allowance?
100
a measure of national output based on the current prices of goods and services
What is nominal GDP?
100
a broad measure of the prices of goods and services included in the GDP
What is GDP price index?
100
currency and bank deposits that are denominated in forigen money
What is forigen exchange?
100
the sum of the merchendise, services, income, and unilateral transfers in the balance of payments
What is the current account?
200
a tax that is collected by buisness for a government agency
What is indirect buisness tax?
200
a measure of GDP obtained by eliminating the influence of price changes
What is real GDP?
200
an increase in wages designed to match increases in prices of the items purchased by a typical household
What is cost of living adjustments?
200
a global market in which people trade one currency for another
What is the foriegn exchange market?
200
the balance of the merchandise accoutn in a nation's balance of payments
What is the balance of trade?
300
total investment including expendidtures to replace capital goods consumed in current production
What is gross investment?
300
the year against which other years are measured
What is the base year?
300
a measure of average prices recieved by producers
What is producer price index?
300
the price of one country's money in terms of another
What is the exchange rate?
300
the record in the balance of payments of the flow of financial assets into and out of a country
What is the finanical account?
400
gross investment - capital consumption allowance
What is net investment?
400
a measure of the average price level in the economy
What is the price index?
400
the price index for the base year
What is 100?
400
a record of a country's trade in goods, services, and financial assets with the rest of the world
What is the balance of payments?
400
when extra money exists
What is a surplus?
500
C + I +G +X
What is GDP?
500
the mean of the growth rates found using begining and ending year prices
What is chain-type real GDP growth?
500
price x quantity
What is the dollar value of output?
500
a system of accounting in which every transaction is recorded in at least two accounts and in which the debit total must equal the credit total for hte transaction as a whole