BA 3340 Lecture Notes - Lecture 99: Real Interest Rate, European Debt Crisis, Output Gap
Document Summary
Macroeconomics aggregates the impacts of individual decisions (of private agents and the government). This involves economic growth, economic fluctuations, unemployment, prices and inflation, exchange rates, interest rates and monetary policy, international official interest rates, fiscal policy and budget deficits, debt and crisis, foreign debt and income distribution. Gdp (or nominal gdp) is the market value of all 6nal goods and services produced in a country in a given
