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Key Variables in the Economy - Coggle Diagram
Key Variables in the Economy
Production
Productivity: quantity of goods and services produced from each unit of labor input
Physical Capital Per Worker
Human Capital Per Worker
Natural Resources Per Worker
Technical Knowledge
Growth
Savings, Investment
Diminishing Returns
Catch-up effect
Many influential factors
Education
Free Trade
R&D
Population Growth
Financial Institutions
Intermediaries
Banks
Mutual Funds
Markets
Stocks
Bonds
Savings and Investments
Private
Public
National
Budget Surplus
Budget Defecit
Policies
Saving Incentives
Investment Incentives
Gov't Budget Deficits and Surpluses
Basic Finance Tools
Managing Risk
Asset Valuation
Present Value
Unemployment
Measuring Unemployment
Cyclical Rate
Natural Rate
Participation rate
Discouragement
Frictional
Structural
Job Searching
Wages
Supply/Demand
Efficiency
Minimum
Health
Turnover
Effort
Quality
Unions
Kollective Barganing
Strikes