Title Date. Page. ON\T - 4 CHAPTER -2 MEASUREMENT AND STRUCTUR Qf NATIONSGL TNCONE: => \ = fl INOMINAL GdP Pxice at = x Qty aT —7 [REAL GHP = Pxice BaF X OA one == ope = MnP detlator REAL Ge = ( = 2 xice convenes —* LIF (ape deClatoi Te os eT Sk OEE * e Ccohomy'& Final fpandu chil wm casuned at Qeat GpPe wh a syotia of nominal GOP ond scat GpP ~The nce, - x saofoencie : Converting nominel (id jo os G@ and ue Versa * Numen col es" Aues Y cox eo a QC» Q, Aol \ \o0 Q so A0\6 a \s0 x {oo _ Qt 3 00 4 \s0Tithe —TCat culate mominal GDP, seal GDP |Conti dering ads at hare yet 9 LGdP dAcklatoy and inflaton — srotbe 7 ¥ Sal? =| Yea | Nominad | Reat | moe [Tnf\ ation { oP | Gne] deflatoy | Rate | us | 900 A00 100. pee alg | 600 aso | G00 xiod (fats 4SD K 00 Stara | stab | 9014 \300 S00. \AnO ¥ 100. 4o']> . DO Lo = _ 40 | Rp eice TNoEY Ccer) 7 Seb (| Detex mine Cob: pasker (Cas=3 bt r tamil On ; : yea eae Tel gt es Ee X\00 tT dex <3 ott stocheLConsumbion = : ne gf. | e Coss | ih % Ole 2 § 100 aa sox | 9 13 14 _{ Wyimn= a5 3. ole 9 Yion=95, 3° ¥ 100 3 2, 4 0 ag Lop 1 Calculate srate of inflaton accaxdins NOATIONBL INCOME BCCOUNTS | Natitmal iintame accounts aye an Current 9 economic actiuity* Ty 5b: fin the (dea that amentJ of economic of sme Cats m cau xed uo tym of But ae a dirbexin ed ate of en (produc approach)” stag b) The intome aaa Saal a aay purchase 0 f =P Vine he Each nu Date Page amaund of Shendin by ud mole appr of oo sinct b le Hue 0 pha) Supe pe Ipe ath qives different pexsbective. . HHouneblo che fLuindomentol —__. underdying NLA 3 sthot . shyee app aio provide idenices — measurement 7 activity Exce a ee {prollenn—ot oe Gere ota itt vent _@Conornlé —an.com)y mis aaa a = aa shed Shyce approach — “ante en uivasent ie “arr yan come and — Verbyendifixe— Exod we same —arnier “berayre [agiie of trace er sh Aue shot shy —tolio arp gives Sane Cn aed Ae, ene Obéexite Sear __|mayke Yatue of __ goods and Serulca —. Lhroduced un a pew. howd by AefinediOn —@au a. the amount th ot _buyeu hem.” muse A i a : ee hat Sense _ Pdaliecat _ ud Suita ced [be equal do total addition, eincituixe “Tin maxver Volue “of 900dk and “|Seyuics Shot 0 _broducer is Pench 90 take e Aidt stbutred “amon; ma factors — Ss ody bald JAUS cHOn, 0 aid and Jt t= _imdhuded_—_{in Come ___ Lor kexa and Subbiiexa , ___ goucenmont and bwhta $0 all getained bp Kixml ° producers sh th of— Date. Page eee —_ Tseng e sia exon dittunte ann uath ea wad joes alin Cov «tb fn — Hack —e b endiduxe aera oot Same Arey ee Toto {oxo duction = “Total = Tot ol i Ne > C+ itat (X-N) a x hich thy axe _ Sald tage of suing maxket ‘Value thot “Oe {nel ba ° “o£ Cave ‘6 Ading d Lu a (CLASSTINE)— Eactox input Non_f.actox Cab ous, daindi Cop) tinpect But due arena un, Pe ead are aple_oresut Some 90.87 190 eux land Sexuice ane an nored tin Cod of Goer: 5 ces ot housegsi ver dn tae ee eee bh marek et Jotue roa Sevuicea brovided aie Sudha | dhot amnoat exnment _Seruices _ane etry not sold market 4 lack of Molue + There foxe, sto __Col culate arts — | Cem tibuti fe an DP ase Comsiddy, he tof to | Vote of fet she Seu providing those _Serwulces ——§ dP inobuided Only final 99004 and Servic | Ahig uo} clone O73 avoids clouple {Counting — _Matue added = atue of _- Therm ediate a Qutbut Comdum pionTitle i > Sale and purchase ol poo de produ ced ot prtullsu herlad™ fALenomike KETHOD Lone i) = (AT 4 +X-M Cex e 80 domeat gad) Gor = (ccf) +(t-T)4(G- ot) +y% 2 C4#T4mth- Ccfatt tc) l 5 (42 4+ +X -4 | crddt'8in sto__stn cKTh. Chapter 29 a NATIONAL TNCONE —* | natlonat Souings << Strive (fea —— 4 oveanment | ce 0 4A iPyivece Se ctox disposable income = ¥-+ NEP Cube u TR AVNT -T Coen Pxivate Sector di'shosable income mea Sues — dhe omaunt of income that available o- : : J ul income of brivate Sectox ato ishgle 4 equal +n {wtome _Heceived om brivate Sect Vv ‘wate _Sectox fom 8 e ot min Pos y+ wee t-te iNT 1 2 [Net Govt: “Income =? “Vayes paid oa by Vat TNet Government income = > TR- INTrat dat _ 3 Private Savings Savings of an economic unit _ 2 Curved) ain Come Oac thot unit om inus saben eins “| Oy Cuorerd need therefore eat Saving uf _ equal +0 piv ate Se ctox clis 0 Sable el minus eee ey Se __ tt potwehold- a _Soving Ta wee aint: TR: -TJ- C uote 2 2 Savings at sok baivate Sector _ h a ———Gltulebed by S__Substracting tly rum bien {ag toate Come _ he tause Caw i ending seb resent abendin ¢ oF ae by vate Secto { meet — meeds CT) uk mot —__—_burchased fo tmp ine Atte praduction Cobou sect en than sto _ S cach is | Curent? meed* 4 Government joe pa eee Outs dh Co i out [ux cha ase bt __* g00ds and Servicer —— rout Saving = {T- Te- iw] ty Es __ note 7 We mut_moke ee, vb: Gi e ane ~ Safbshy uxx ene need eed act art Cum ee The xe a sea Use (CLasstime)Date. Title. Page. = — —-ethqulA—tutesteact poly —gearh Cousin ibis — expenditure but fo accounting ———|pxibat i : x e incuuive of fpuestnn Sowing budge Surplus $ SiNotignal Saufne 7 Tt wi Savin of &comnmsy aa a 9 tshole aid it Ls __— $= y+ NEP = (a= (Gwe- G@-% % [sex xivate Saute a To dextvh an imboxtott identity that shows user of private Saving We ae Q ( re , ys C+It@-+ ¥- 4 y= ctr ta@+ wv se att Ss y+ NEP = ¢- G S$ = (Yr T+h+wx) + wee - o “A Siete Ct trey ee) = T+caithe Date : : Nhe ser mc erp ows lols met oT | payments Covent! 0.0 Count oh ance? gee —|=theaefore » Nelionad Saving os its eget, ati aia persis ae Ate aes prvase Saving Ja ditt forence of __|madional! Seovieg awd gt as oe egEIan auee = private Saving. _iseoty ed se oe ——__Ad enti Hyp “ohi ch__meahs that are —_|tsstd Sin —forLousiing 3 say __+ liwwestwent 9 Fyms_boxsons tom private private _ ____|Soveu so finance — Construction and purchase — [of mas Capital goods -aindinversong invent | Current _ [Gurvent Account Bolance 7 Te sueprenents mek sending — by dormess'c ‘Hic —econatny ko. \Fower'gmens ~~ «| Government Budget sect 2 nts Jae chee i, —— Attics gout" bud gc Shen gout ~ ans by Lboxxdug > rom rivate 9 Sector mect she if-fes ence ee a ‘come + ee [MUMERICAL oa= 4O Tou = 60 — (a= 30 TR = aS We_= Q00 wre 1S =. (-a0) wee = (3) Ta ct Gtwy +WEP Gne_= Jo0 = Ho t+3o0 tC 4 (comet) + NFP s_ 30 - go +0 ——_|_Qon--sp = ¢ = y + INt+ wep + Te- C- F = Ing dis tas —\so -€O = 30 S- = TINT -TReG@ = 60 - 1s - a¢ 4 C30) 0 $= __Sogte = tye hae = 90 Qu | T= €0 T= \00 Gs SO TRESO GNP = 300 Int = 20 cA = (+30) NEP = (5) lane = C4+T4+G+Cca - wee) + wep Doo = C +60 160 -320 C= 290 (CLESSTIME) eee + NEP -T-¢ OA 90 + sp~ 100 -990 -S pvt = sexile Date Page J- NTS VR \oo~ a0> S0- So Beet “20 oe a ® sy govt vo $= sy7a02 30 planet WENLTH 9% WW gefovs Jo he difference _ of Nate of Assets minus Value. of Jsiabthia + Weablh uf a Stow Nadable cshtch meahy d+ Can be measured at —|a_qiuen \poitc__o-f shite -__E Comormic__to a) being of a Coun str .—defpein da__rot_ Stal, On dn Come but _ aus 61 do Uscodth Erie leet IUlasie, uf Cashed —_NotPornal Wrath a — ee iain Poe Eee eee and dt Const stot fos.touain, ae cana saa ce domestic physica iCal _axger such _ad_ agit good, ase eet Hee ) | TAs ae foreign assed shin wh eoual ao__Countyys_ fotbign —0S$ 4h minug fg Ce Saving and Weatlh ane oe athe ~ Sense tthot__mational weatth Can __ ae through — mattonos. oe because — Savile Gon be used yo Mase aeres prec ORR PES MEnPren ath, Cai —_|-abo Change die to change uh Value of 7 oo Luities”Date. Title. Page. wucoWe APP ROACH TO___ GiOP- = According stot Came abbach natenal ancome Ssh Aun o-f tigi yf oct in Come ——Ifnmopensatinn gf —ernbnyyeey a) Rental ain (me of pexstin | Covbovete bya tit : Nef) ined ain Come Tovey tin bya du con and) ina pox 5 fn : x 8) | Cusstent Aur bolus ot gauct e fpxise” “Tn addition sto _8 Cora|ponenty of dfoymetion sto _obrain GipP ) LSTATISTICAL DISCREPANCY, Tt ase became dota en fnfome and data fin cHon ane _clestued From aitferent : i @ f | [Soares “The producti a Ma caiuy ‘nfs, 0 [pang in dhe Noditral Tin Come i Thad GinP «se add atotiatt Cal elico-— +3 Deby ec ect!§in : SS ENeETitle Date Pane ee airterR 7S | Botnnce 08 PAYMENT —|Neaning > BoP uh a Syalematic we cord of ett economic dat act Ong beluseen eaidets, fof a Country and seegiden ty oF coord —— dusting an accounting povod fat eee oh bs oe = REST OF WORLD leatance— of _paymeny as aa 7 accounts shect! bo Gworent+ — Saccount and Gait at account + 1 | Current: Account 19 eas Wt e_a Pang dt aeade uh Carver sept oe and. | Sewicer abt eee “anil ‘devol’ jwanate ws between _Cousthier for Convenjeng use divide. ——hinrent account into % § —_f) Net exbort_ of goods and Servicer i — 8) N&_ income oem abwad cNFP) CV Nek Unilateral __sprane-Le xg eee 7 2 Capttat account and financéal account. —— necoyds inte rhottte of dy ahsact' ong fnvduing ——-naaets _eicther _eal_ox finance! ot +The | Capit ot “account hatance measure ne COE, Flows of asmeta. — amit. okey | Ly —cheanetereedTitle 7 Date Pape balance equate Vatue of — Mnaw aol —_ istloua mina Vatue of irainerod Ahen _otesf dant ot a Cowan tasy —_ Assets do fowergners Aen ——__| bu the, tym Corer anes Ata ———_| finance « re watt tb alan ce. ae iMue and ——__laivexe by Creating —financrad account Fiabe i cca joa ceo p oggmem eee Ee of Curyenmt —_¢ akhount ——___| bal Capit ad and finanrol accounts ee JS equat _}0__=.ex0" Muh fhe car c a J based tof _ io kent Tn exe foe Pee ng i ede + Poe Bm ae balance ud ain —___| Cconom'c ae there sit be el elicit: and Surfolun fi Roe cA + Ken £0 = OFF HAL SETTLEMENT BRLANCE 1 chong ance Concuel= Heeb Cnet n e balan'te the _xeceifots ane mers official sareaeyve oracta ane asceth’ olhes ona ee ee Con used a aking Tire rs ational ~ a bayginend and it ene ony n__Gurxein | gold spa Calpe Oe gus) € (CLASSTINETitle STpTsticar oiserepancy *” The cm Suns — lahat mould have so be added so she Sum ok Curvent account and Cobitrat Sieg A finaneval atcount tatance eo x_thia— | Sura ko si Coun S3a din cow? cad — Naline— 04 tu zevo uh Catled shotigticol discre—| i Pena, ond sh asdses due so 9 cass Like Iyott bina oh my angzach Ons” Net Eel ASSETS AND BoD : Nev foxeian assets of a Couintyy ane LE eee —— nts _tminus Countess esp sree istnirat abi ses Net fovergn® asrets ane Hpaast 080 — Cota i A clon, | a ene cane | uch ar 2 dando stous The total Natue of County mer Koren’ massa Gan change a ae Cag. aan) Natue of e Wisk, a gn _assets and — iL Kabibities Can 4 cng ue ah change so_price- asad County a egulag— seu foreign asscty a ee i Sites *CHAPTER 74 Title Date. Page. INTROOVCTION To HACRo AND WA A |chassical ~ KeyNE SAN D eGATE * |MAcko -€conoNics ann: Its ISSUES ¥ OMIC HoQeh ——dilcassical | ernie sian O; CARSSICAL KEYNESIAN Y= € (WL) y= Ap : Lt 2 c4ith ; Lonm@ RUN y + | Full etn ent SHORT RON ‘iD > s) \ q “4 = xtaic! } D2 $s, —- tele : Wanton | et AS P T abr» ' es VP --- , 1 dmplo ad vt ws 1 | —— Lats C¥e= Sule embloy mem olt Colt) fe Maan ed Pull evapo omen Honey CM celiun of excl gel Heiney Kejcha y hange & y in Hep * CH edium ex chat? Atpae al Value 9je Comsu mpti a. — of — Thenmed on eae Ses iu) 4 {pe “U8 Only mus yr tty th. ae ‘yes ak im aot | Gp od Guuyent co tri exc Sale | fand_ purchase al _~ 90 ru ced tin previous pen'od - \iu)| Tn GDP _tsitt _Comielen only change it Stock (closing ww and Oeming © stock): Gop d= (+ t+ +¥%-M Ce diture on r domes gard) pe = (eet) + (7-1) 4 (@- Gf) +y = C4Ttm4h- Cchayt 4c4) = (4T +06 4+X -4 Orel +H 610 sto Sto CKand Vunages axi.ce au ae : sto___achfe Nindex theyre axrumbt isi dq of free rmayket orks well with tly Limite dl 4 Qvexniment they Ltn Economy “The tclea of {nuisible hand 3 het i) Lh an free mak et And (todiys Canduct shel €coomic allots A Heir fy 0) 4 Sin Hh “Tr tmauk oor ¢ jut burst 0g jostiou Hhely GUsin iW intewent deem S to he Ved by an invisible hated kn maximise enexa us ol everyone Lge 1 ; ul e\lave 4 4 —__| Nata by ee an Vim orctant _aSsutmp\ide fy" Vosal eus Se ee finorolad mayket 1 tobour ‘ | aes Sai — __| Lott oud Obstacles “Auch Qs oninineting Hcg, fF sioke Ceiling ett! Jin fourth aug. tages aad ncce_lomuat _¢ epi Sao —_-meauntrain ee ium be Caube Cla Le ee ice ane he aa thet——tranarny ae ot classical ploxcach, because fawWeible hemi Waoxky co elf * umes that tuag er and puce cdo not Ok uit sahidly aad toene foxea Unuisibl oF tw osk well" Acad: ding ro hand may Title. Date. Page 1 | bah © bo Bog exiod of dime > “That bel} thn youlla ic berfox Panic Vb d exhenditune ox _by a inc eeoui of * 0 ciel incKeas ed regate demand and near expand afta And we educe ~ ———Hintmplog me __ He |Hacko ECONOMICS BNO LTS Score i S and ex formance ol moatitnal = economyTitle ~___8) | What Coser econaraic—activitis oo fluc Ps) aot Comes tla What Cares prwite 9 siireg {Hous cloes be ding—past_o\ al Bhol economic A 4s tna, een economies. ae sil Cen gout ‘ex bo tied tof inp yteummernicits eon berformana = Ai ;—huimabh—__ ; Sezounce Y add produ chiit, ol sietources é usbich 3 Ackevmiped —b sec oclogicel —_ F Advancement + Hous ever economic wurth — : te prvcess and ait “achends i ab couttible factnvt: i and Xx NO: ¢ _doumuard phase | uf, xecess'On using oshich ac | on coo" J 5 | 8 i Shot, ib it a coompanied bs — dnckease an eon) State * tshich JG ‘ 3 5Title. Hapotinexioshortant ma Cp -economle Vari ab jsb_instletiGn —eshich —sedlets ptr sink e04 Poe Af alpen economy, ond — = the, have extensive nee and yinabical sel +1Omshif Lolth other economies £ cxe foxe, 1m s cyneLolno ml es prudios, 7 the b en, o\ intern otianal stxade ard it "oo _atudies exchange SOt€ Actexminati an * - (Jini / us Xp a | - = Prana 1 E Conpmic ex foxmarnce Ackencds fo. [ motixal arty Lactnys no ouinding iis thurman tresouxce “a, cael ox bec ‘omaolngss— i thet affect ° Anothex fimb: facto ut economic parfoxmance wh Ack of pracw-. ; eet Qiscod v 2XE|Ecowonie THEAgY a ‘ ° ? Ob Gut __ecanom 4 that hos bee (Classrine) | organised in So Jogi cat Jyame wrkDate Pag! Most ¢comom'c hn ry axe “aeveloped , steam “acon rood ushyeh sh — ———Airptiied! el en cif ove o\ Sore _erfoect of conor evbresced tt rn ‘pn athe tn osc ae fy < se > Ay ie = art. a A,= \00- SP, ) . xeaxmnable? f 9) ts. it ude atandable_and manag calle ens Ae to be used ain studying real 0 e \exfied . a) \uhen mlicatz og ° and data ane | a then Cohethex i mbli’c ott Ong. ane Crnsiskeot ptt cata? 9Title. Ain__economnic Alncowy b Constructed by — State the Yyeacarcl Question 2) ec hyouistinal a ew — a Woxk "Stet impli Cac! on. o} Shear 4) yata OU so Conduct an timbew'cal ana . 4 Compare ‘of Ecalions ol dts vat dota * | ——sl Evaluate tbe caudal you Compasision Noxm oct! ve Positive : CVotue +d gement ) (Eact) JO —+— Sn cK Elaus ~ WWeawth CH'ime cot populott on Eqs CY t,o |g : Z ——— (CLASSTINE)