Truls Ljungström’s Reviews > Guide to Economic Indicators: Making Sense of Economics - Sixth Edition > Status Update
Truls Ljungström
is on page 178 of 244
For example, if export prices rise by 5% and import prices rise by 2%, a given volume of exports buys roughly 3% more imports; the terms of trade have improved by 3%.
— Aug 09, 2023 12:24AM
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Truls Ljungström
is on page 201 of 244
Supply shock (or cost push). Prices are pushed up by higher wage and raw materials costs, Demand pull. Prices are pulled up when spending power (demand) is greater than the availability of goods and services.
— Aug 09, 2023 12:34AM
Truls Ljungström
is on page 138 of 244
Förväntad tillväxt detaljister: 3% a year is reasonable; any lower and the economy might slow down. More than 4–5% suggests overheating.
— Aug 08, 2023 04:12AM
Truls Ljungström
is on page 136 of 244
A housing completion implies a house sale, a new mortgage advance and increased consumer demand for carpets, furnishings and other durables – possibly accompanied by extra consumer credit.
— Aug 08, 2023 04:11AM
Truls Ljungström
is on page 128 of 244
Capacity use. Capacity use is usually defined as output divided by sustainable maximum capacity. Sustainable maximum output is lower than temporarily attainable peak production, so use of (sustainable) capacity can and occasionally does exceed 100% in some industries.
— Aug 08, 2023 03:56AM
Truls Ljungström
is on page 111 of 244
Loosely, if planned savings exceed planned investment, stocks pile up and companies cut back their production: gdp falls. If planned savings are less than planned investment, companies produce more to meet the extra demand and gdp rises.
— Aug 08, 2023 02:57AM
Truls Ljungström
is on page 91 of 244
There is a cyclical pattern in consumer expenditure. The most volatile component is spending on durables.
— Aug 08, 2023 02:56AM

