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EQUATION INSANITY

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  • Resource to hire
    MRP=MRC
  • NAme me
    Monopoly
  • Gov Spending Multiplier
    1/mps X Change G
  • Real GDP
    Nominal/deflator
  • Cross elasticity
    %Chaneg Qa/%change price b
  • Elasticity (price demand)
    %change Q/%change Price
  • Profit maximizing quantity to produce
    MR=MC
  • Name me
    Monopolistic compeition
  • NAme me
    LFMarket
  • Income Elasticity
    %change q/%change income
  • Profit Maximizing Quantity to hire
    MRP=MRC
  • Real Interest RAtes
    Nominal -inflation=real
  • Tax Muiltiplier
    MPC/MPSXchange T
  • Utility Maximization
    MUa/Pa=MUb/Pb on last dollar
  • Name me
    Monopolistic compeition
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