This document discusses key macroeconomic formulas. It covers the GDP formula which sums consumption, investment, government spending, and net exports to calculate total output. The CPI formula is presented to measure inflation as a weighted average of prices for various goods and services. Finally, unemployment rate is defined as the number of unemployed persons divided by the total labor force.
This document discusses key macroeconomic formulas. It covers the GDP formula which sums consumption, investment, government spending, and net exports to calculate total output. The CPI formula is presented to measure inflation as a weighted average of prices for various goods and services. Finally, unemployment rate is defined as the number of unemployed persons divided by the total labor force.
This document discusses key macroeconomic formulas. It covers the GDP formula which sums consumption, investment, government spending, and net exports to calculate total output. The CPI formula is presented to measure inflation as a weighted average of prices for various goods and services. Finally, unemployment rate is defined as the number of unemployed persons divided by the total labor force.