Conor B

[Bobby Donohue @RJD_134]

Income up, demand for dollars up #ec134

[Conor B @NinjaCbruen]

John Maynard Keynes doesn't want to wait for the economy to change and eventually correct itself #EC134

[Bobby Donohue @RJD_134]

If AS is inelastic, changes in AD will only affect the aggregate price level #ec134

[Conor B @NinjaCbruen]

In the short run inflation can affect unemployment and real GDP #EC134

[Conor B @NinjaCbruen]

my John Clark Medal winner is Yuriy Gorodnichenko out of UC Berkeley #GoBears #EC134

[Conor B @NinjaCbruen]

Very interesting class about how other countries dealt with hyperinflation #EC134

[Conor B @NinjaCbruen]

When prices are low, then value of dollar is high. There is an inverse relationship between price level and value #EC134

[Conor B @NinjaCbruen]

Fractional reserve system: only a fraction of deposits are held as reserves. The rest are loaned out #EC134

[Grant Lowensohn @G_lowecon]

Random picking stocks might not be a bad option, as fundamental analysis is costly and often won't lead to additional benefits #emh #ec134

[Conor B @NinjaCbruen]

80% of US $100 bills are outside of US borders #interestingfact #EC134

[Conor B @NinjaCbruen]

Diversify in order to reduce risk #EC134

[Bobby Donohue @RJD_134]

Rule of 70: a convenient way to calculate a doubled return on investment #EC134

[Conor B @NinjaCbruen]

Rule of 70: If something grows at r% a year, it will double in about 70/n yrs #EC134

[Conor B @NinjaCbruen]

Closed economy:economy which doesn't interact w/other economies. US is mostly a closed economy. More closed than most other countries #EC134

[Conor B @NinjaCbruen]

I had a mutual fund when I was younger. I never fully understood it back then #EC134

[Conor B @NinjaCbruen]

What is the difference between CPI and PPI? #EC134

[Conor B @NinjaCbruen]

@ColbyEC134 Types of Growth: 1. Catch-up growth 2. Saving' state growth 3. Technology-driven growth #growth #EC134

[Conor B @NinjaCbruen]

@G_lowecon smart move by Costco

[Conor B @NinjaCbruen]

@ColbyEC134 Ford was a genius. Doubled the wages. $5 per day. Ford doesn't turn the ball over #noturnover #EC134

[Conor B @NinjaCbruen]

#EricSogard #FaceOfMLB