CAS EC 102- Final Exam Guide - Comprehensive Notes for the exam ( 49 pages long!)
28 Mar 2018
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CAS EC 102 Full Course Notes
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Gdp: if same service provides by the care center, parents pay for that => gdp, final goods and services = the last time the good and service is bought and sold (intermediate goods don"t count toward. Gdp (regardless of its nationality: made in japan but sell in america still counts as us. Gdp (but in bad way: in a year : used goods don"t count (sold or resold, car produced in 2013 will be counted toward 2013 gdp not 2018 gdp. Jan. 24: measuring gdp, process called national income accounting , calculated by the bureau of economic analysis - a division of the. Jan. 26: nominal gdp: is the value of all goods and services measured at. 2017, consumption spending goes up by the price of the car. There are no changes in gdp 2017 but the change happens in. 2016 when ford produced the car: nominal gdp in 1960 = . 4 billion and nominal gdp in 2016 =
