
Output, Income, and Expenditure Flows

Imports and Exports

GDP and GNP

Exchange Rates, International Trade, and Capital Flows

Income Elasticity of Demand

Elasticity and Total Expenditure

Absolute and Comparative Advantage

Other Comprehensive Income

Statement of Comprehensive Income

Income Statement – Revenue, Other Income, Expenses

Income Statement– Minority Interest

Shifts in the AD and AS curves and Equilibriums














