Chapter 19 Part 1
The amount of phases in the Business Cycle
Per Capita
What is Per Person?
Unemployment Rate Formula
What is # of unemployed divided by # in labor force x 100
Econ 50 Classroom
What is OAB 271?
The 2 ways to measure GDP
What is Expenditures and Income?
Macroeconomic Goals
What is achieving high levels of economic growth, low unemployment and low inflation?
The types of Unemployment
What is Frictional, Structural, and Cyclical?
ETC Schedule
What is M-TH: 2-4PM?
The highest point of the Business Cycle
What is Peak?
The year of the Unemployment Act
What is 1946?
What is Cyclical?
Unit 2 Exam
What is October 2nd?
Changes in economic activity that may signal an overall economic change
What is Leading Economic Indicators?
The lowest point of the Business Cycle
What is Trough?
Okun's Law
What is 1% rise and reduces output by 2%?
Scantron
What is 888E?
The amount of Expenditure categories
What is 4?
Allows us to compare GDP over time
What is RGDP?
The 4 categories of Unemployed workers
What is Job Losers, Job Leavers, New Entrants and Re-Entrants?
Best Professor On Campus
Who is Professor Pankratz?