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OpenStax Principles of Macroeconomics 2e, The Impacts of Government Borrowing, Fiscal Policy and the Trade Balance
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CC BY
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By the end of this section, you will be able to:

Discuss twin deficits as they related to budget and trade deficit
Explain the relationship between budget deficits and exchange rates
Explain the relationship between budget deficits and inflation
Identify causes of recessions

Subject:
Applied Science
Material Type:
Module
Date Added:
08/21/2018
OpenStax Principles of Macroeconomics 2e, The Macroeconomic Perspective, Comparing GDP among Countries
Unrestricted Use
CC BY
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By the end of this section, you will be able to:

Explain how we can use GDP to compare the economic welfare of different nations
Calculate the conversion of GDP to a common currency by using exchange rates
Calculate GDP per capita using population data

Subject:
Applied Science
Material Type:
Module
Date Added:
08/21/2018