Samenvatting
Summary AP Macroeconomics Unit 2 latest review
- Vak
- Instelling
AP Macroeconomics Unit 2 latest review
[Meer zien]Voorbeeld 3 van de 20 pagina's
Voorbeeld 3 van de 20 pagina's
In winkelwagen
In winkelwagen
gesponsord bericht van onze partner
Verkoper
Volgen
Ellah1
Ontvangen beoordelingen
Voorbeeld van de inhoud
AP Macroeconomics Unit 2 latest reviewnational income accounting - The techniques used to measure the overall
production of the economy and other related variables for the nation as a whole.
gross domestic product - The total market value of all final goods and services
produced annually within the boundaries of the United States, whether by U.S. or
foreign-supplied resources.
intermediate goods - products that are purchased for resale or further processing
or manufacturing.
final goods - goods that have been purchased for final use and not for resale or
further processing or manufacturing.
multiple counting - wrongly including the value of intermediate goods in the gross
domestic product; counting the same good or service more than once.
value added - The value of the product sold by a firm less the value of the
produces (materials) purchased and used by the firm to produce the product.
expenditures approach - the method that adds all expenditures made for final
goods and services to measure the gross domestic product.
,AP Macroeconomics Unit 2 latest review
income approach - the method that adds all the income generated by the
production of final goods and services to measure the gross domestic product.
personal consumption expenditures (C) - the expenditures of households for
durable and nondurable consumer goods and services.
gross private domestic investment (Ig) - Expenditures for newly produced capital
goods (such as machinery, equipment, tools, and buildings) and for additions to
inventories.
net private domestic investment - gross private domestic investment less
consumption of fixed capital; the addition to the nation's stock of capital during a
year.
government purchases (G) - expenditures by government for goods and services
that government consumes in providing public goods and for public (or social)
capital that has a long lifetime; the expenditures of all governments in the
economy for those final goods and services.
net exports (Xn) - Exports minus imports
, AP Macroeconomics Unit 2 latest review
national income - total income earned by resource suppliers for their
contributions to gross domestic product; equal to the gross domestic product
minus nonincome charges, minus net foreign factor income.
indirect business taxes - such taxes as sales, excise, and business property taxes,
license fees, and tariffs that firms treat as costs of producing a product and pass
on (in whole or in part) to buyers by charging higher prices.
consumption of fixed capital - an estimate of the amount of capital worn out or
used up (consumed) in producing the gross domestic product; also called
depreciation.
net domestic product (NDP) - gross domestic product less the part of the year's
output that is needed to replace the capital goods worn out in producing the
output; the nation's total output available for consumption or additions to the
capital stock.
personal income (PI) - the earned and unearned income available to resource
suppliers and others before the payment of personal taxes.
Voordelen van het kopen van samenvattingen bij Stuvia op een rij:
Verzekerd van kwaliteit door reviews
Stuvia-klanten hebben meer dan 700.000 samenvattingen beoordeeld. Zo weet je zeker dat je de beste documenten koopt!
Snel en makkelijk kopen
Je betaalt supersnel en eenmalig met iDeal, creditcard of Stuvia-tegoed voor de samenvatting. Zonder lidmaatschap.
Focus op de essentie
Samenvattingen worden geschreven voor en door anderen. Daarom zijn de samenvattingen altijd betrouwbaar en actueel. Zo kom je snel tot de kern!
Veelgestelde vragen
Wat krijg ik als ik dit document koop?
Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.
Tevredenheidsgarantie: hoe werkt dat?
Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.
Van wie koop ik deze samenvatting?
Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper Ellah1. Stuvia faciliteert de betaling aan de verkoper.
Zit ik meteen vast aan een abonnement?
Nee, je koopt alleen deze samenvatting voor €13,19. Je zit daarna nergens aan vast.
Is Stuvia te vertrouwen?
4,6 sterren op Google & Trustpilot (+1000 reviews)
Afgelopen 30 dagen zijn er 75632 samenvattingen verkocht
Opgericht in 2010, al 14 jaar dé plek om samenvattingen te kopen