0
from the perspective of:
- statistics
- ** GDP (PPP, official exchange rates, real growth, per capita, by sector...)
- labor force
- unemployment rate
- population below poverty line
- average household income
- inflation rate
- state budget
- imports
- exports
- production and consumtion of substational commodities
- national debts
- system dynamics
- ** the above, plus all measurable variables potent of causing relations and feedbacks.
What else can I help you with?
Economic variables who are measured in goods are called?
dichotomous variables
How economic factors influences consumer's behavior?
how economic variables influences on consumer behavior
Which economic variables move in the same direction?
law of demand
What does it mean for economic variables to positively related?
if two variables are positively related,it means that the two variables change in the same direction.that is,if the value of one of the variables increases,the value of the other variable too will increase.for example,if employment as an economic variable increases in a country,and price of goods too increases then we can say that these two variables(employment and price) are positively related
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
Economic variables whose values are measured in monetary units are called?
Nominal Variables
How economic factors influences consumer's behavior?
how economic variables influences on consumer behavior
What political variables does McCormick use for states?
McCormick use combination of political,social and economic variables
Which economic variables move in the same direction?
law of demand
What does it mean for economic variables to positively related?
if two variables are positively related,it means that the two variables change in the same direction.that is,if the value of one of the variables increases,the value of the other variable too will increase.for example,if employment as an economic variable increases in a country,and price of goods too increases then we can say that these two variables(employment and price) are positively related
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.
Is not one of the main economic variables that affects business cycles?
One of the main economic variables that affects business cycles is consumer spending, as it directly influences demand for goods and services. Other significant variables include investment levels, government spending, and net exports. These factors interact in complex ways, contributing to the fluctuations in economic activity that characterize business cycles. Changes in these variables can lead to expansions or contractions in the economy.
What political variables does McCormick use to classify states?
poltical social economic
What is economic barometer?
Any measure of economic stability. Variables could be *the stock market, *interest rates, *unemployment *foreclosures *national debt, etc.
Which are three of the four main economic variables?
external shocks business investment, and interest rates
What are the four main economic variables?
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 -------- 5. Level of the stock market 6. Exchange rate
