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The four main economic variables (in macroeconomics) are
1. Real Gross Domestic Product (GDP)
2. The unemployment rate
3. The inflation rate
4. The interest rate
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5. Level of the Stock Market
6. Exchange rate
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Which are three of the four main economic variables?
external shocks business investment, and interest rates
The main economic variables that affect business cycles?
Recessions and periods of economic growth as the efficient response to exogenous changes in the real economic environment.
Economic variables who are measured in goods are called?
dichotomous variables
What are the Four elements of the economic way of thinking?
- Use Assumptions to simplify - Isolate Variables--Ceteris Paribus - Think at the Margin - Rational People Respond to Incentives
How economic factors influences consumer's behavior?
how economic variables influences on consumer behavior
Which are three of the four main economic variables?
external shocks business investment, and interest rates
The main economic variables that affect business cycles?
Recessions and periods of economic growth as the efficient response to exogenous changes in the real economic environment.
What are the four main economic connections between the U.S. and and Canada?
nothing
Economic variables who are measured in goods are called?
dichotomous variables
Economic variables whose values are measured in monetary units are called?
Nominal Variables
What are the four main types of imperialism presented?
economic, political, military, and cultural are the four big ones. followed by communication/linguistic.
What are the Four elements of the economic way of thinking?
- Use Assumptions to simplify - Isolate Variables--Ceteris Paribus - Think at the Margin - Rational People Respond to Incentives
How economic factors influences consumer's behavior?
how economic variables influences on consumer behavior
whose variables are also known as global variables?
The variables which are declared outside the main() function is known as global variables and they can be used anywhere in the program. And, the variables which used declare inside the main() function is known as local variables and they can be used inside the main() function only. Example: #include<stdio.h> #include<conio.h> int x,y; // global variables void main() { int a,b; // Local variables ------------ ---------------------- --------------------- getch(); }
What political variables does McCormick use for states?
McCormick use combination of political,social and economic variables
What are the four main industries of Oregon?
The four major industries of Oregon are agriculture, forestry (and fisheries), tourism, and technology.
Which economic variables move in the same direction?
law of demand
