macor

GDP

GDP = C + I + G + (X – M)

LFPR

= labor force / 16+ x 100

UR

= #uw / labor force x 100

𝑁𝑎𝑡𝑢𝑟𝑎𝑙 𝑈𝑛𝑒𝑚𝑝𝑙𝑜𝑦𝑚𝑒𝑛𝑡

= 𝐹𝑟𝑖𝑐𝑡𝑖𝑜𝑛𝑎𝑙 𝑈𝑛𝑒𝑚𝑝𝑙𝑜𝑦𝑚𝑒𝑛𝑡 + 𝑆𝑡𝑟𝑢𝑐𝑡𝑢𝑟𝑎𝑙 𝑈𝑛𝑒𝑚𝑝𝑙𝑜𝑦𝑚𝑒𝑛𝑡

Actual Unemployment

= Frictional + Structural + Cyclical Unemployment

price index

= mb given year / mb base year x 100

IR 

= price index 2 - price index 1 / price index 1 × 100

Nominal GDP

= (current year’s quantities of good/services)(current year’s prices)

Real GDP

= (current year’s quantities of good/services)(base year’s prices)

GDP Deflator

nom gdp / real gdp x 100

Inflation rate

Deflator 2 - deflator 1 / deflator 1

real interest rate 

nom interest rate - inflation rate