Macro formula

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  • Created by: Idkk12345
  • Created on: 06-06-24 10:58

1. AD= C+I+G+(X-M)

2. Nominal GDP= 

output= final value of all goods and services

Income= add all factor income= Add wages rent profit and interest

Expenditure= add all AD

3. Real GDP= Nominal GDP/ price index times 100

4. GDP deflator= NominalGDP/ Real GDP times 100

5.Nominal GDP = C+I+G+(X-M) for expedenditure

                               Real GDP*price index / 100

6. GNI= GDP+ net factor income (any inome earned by domestic factors pf production aborad- income earned foregin factors of production domestic)

7. Green GDP= GDP- Environment cost

8. Circulator flow - I+G+X=S+T+M  macro equilibirm

                             …

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