AP Macroeconomics equations
0.0(0)
Studied by 0 people
Call Kai
Learn
Practice Test
Spaced Repetition
Match
Flashcards
Knowt PlayCard Sorting
1/8
There's no tags or description
Looks like no tags are added yet.
Last updated 4:10 PM on 11/6/25
Name | Mastery | Learn | Test | Matching | Spaced | Call with Kai |
|---|
No analytics yet
Send a link to your students to track their progress
9 Terms
1
New cards
GDP expenditure approach
C + I + G + (Ex. - Im.)
2
New cards
GDP income approach
W + R + I + P
3
New cards
GDP value added approach
(PQ1 ) + (PQ2 ) + (PQ3 ) ….
4
New cards
GDP per capita
GDP / population
5
New cards
Labor force participation rate (LFPR)
total LF / population of 16+ years of age x 100
6
New cards
Unemployment rate
number of unemployed / labor force x 100
7
New cards
CPI
given market basket value / market basket value from base year × 100
8
New cards
Inflation rate
(current - previous) / previous x 100 (use GDP or CPI)
9
New cards
GDP deflator
nominal GDP / Real GDP × 100
Note 
Flashcards (500)