Economics 204 Test 3 Review

Part 1:

Chapter 7

Tax principles

Types of taxes

Public goods

Chapter 8

GDP

Disposable income

Economic Growth

Economics Fluctuations

Phases

Unemployment

Inflation

Money Market determines
interest rates

Macroeconomic Policy in the
Gaps (2)

Leading Economic Indicators

Chapter 9

Functional Relationship

Ceteris paribus

Regression Analysis

Dummy Variable

Statements

Fallacies of Presentation

Part 2: Regression (you will
need a calculator)

T-stat

F-stat

r-squared

Estimation