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Exercises
I. Definition
1. GDP deflator 2. Real exchange rate; 3. Risk aversion;4. Investment; 5. Transfer payments; 6. Indexation 7. Efficiency wages; 8. Catch-up effect; 9. Rule of 70; 10. Marginal propensity to consume (MPC); 11. Nominal variables; 12. net capital outflow; 13. Purchasing-power parity; 14. Monetary neutrality; 15. Frictional unemployment; 16. The natural rate of unemployment; 17. Crowding out; 18. classical dichotomy ; 19. Structural unemployment; 20. Reserve requirement; 21. Fisher Effect; 22 fiscal policy; 23. automatic stabilizers; 24.multiplier effect; 25
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