## What is S in macroeconomics?

S. Savings (nominal, per capita) s. Savings rate.

## What is Z in macroeconomics?

Z refers to the demand for goods, Y to the production of goods, Y = Z will be an equilibrium condition. ‘Goods’ is meant to include services. To develop a model of aggregate behavior, we will make some simplifying assumptions. Introduction to Macroeconomics.

**What is N in macroeconomics?**

n: Population growth rate. p: Relative price of nontraded goods.

**What is K Bar economics?**

k = K/L. Output per person is thus the product of two terms. The first is the productivity parameter A(bar). Recall that a higher value of A(bar) means the economy is more productive. The second term, k^(1/3), is capital per person raised to the power 1/3.

### What is K in economics?

In economic models, K is commonly used to represent “capital.” This is presumably due to the fact that German for capital is “kapital,” and also to the fact the C is more commonly used to represent consumption.

### What is NX in economics?

The net exports formula subtracts total exports from total imports (NX = Exports − Imports). The goods and services that an economy makes that are exported to other countries, less the imports that are purchased by domestic consumers, represent a country’s net exports.

**What is r economics?**

R is a statistical package and mathematical programming language. Unlike Stata, SAS, SPSS, Matlab and other statistical packages, it is totally open source. Unlike Excel, in R you can easily write scripts that make your analysis reproducible.

**What is an universal symbol?**

The circle is a universal symbol with extensive meaning. It represents the notions of totality, wholeness, original perfection, the Self, the infinite, eternity, timelessness, all cyclic movement.

## What do statistical symbols mean?

The symbol ‘σ’ represents the population standard deviation. The term ‘sqrt’ used in this statistical formula denotes square root. The term ‘Σ ( Xi – μ )2’ used in the statistical formula represents the sum of the squared deviations of the scores from their population mean.

## What is the abbreviation for economy?

Economy abbreviated 5. ECON Economy. Technology, Aircraft, Aviation, Airway 3. Econ. economy 1. E Economy. US, Government, Administration, Control 0. EC economy