Macro economics
0.0(0)
Studied by 0 people
Call Kai
Learn
Practice Test
Spaced Repetition
Match
Flashcards
Knowt PlayCard Sorting
1/5
There's no tags or description
Looks like no tags are added yet.
Last updated 10:57 AM on 3/31/26
Name | Mastery | Learn | Test | Matching | Spaced | Call with Kai |
|---|
No analytics yet
Send a link to your students to track their progress
6 Terms
1
New cards
MPC?
Change in consumption/change in income
2
New cards
MPS?
Change in saving/Change in income
3
New cards
Multiplier?
1/MPS or 1/MPW
4
New cards
Current account?
Records trade, income and transfers between the UK and the rest of the world: Trade in Goods + services + primary income (earned/paid from abroad) + secondary income (foreign aid)
5
New cards
Fiscal policy
Gov spending, Tax (discressionary) - stabilisers (automatic)
6
New cards
Monetary policy
QE, interest rates
