Weekly Macro

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12th

Last updated 4:30 PM on 11/14/22
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5 Terms

1
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Income approach to GDP
Rent+Wages+Interest+Profit
2
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Rate of change formula %
((New-Old) / Old) x 100
3
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Labor force participation rate %
(Labor Force / Population) x 100
4
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CPI Calculation (Its an index , not a percent)
(Price of Market Basket in Given Year / Price of Market Basket in Base Year) x 100
5
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GDP Deflator (Its an index , not a percent)
(Nominal GDP / Real GDP) x 100