Public Goods Defined Pure public goods share two characteristics Nonrival Cost of another person consuming the good is zero Nonexcludable-Very expensive to prevent others from consuming the good

Public Finance Defined Public finance is about the taxing and spending activities of the government. Also known as \public sector economics\or \public economics.\ Focus is on microeconomic functions of government- polices that affect overall unemployment or price levels are left for macroeconomics

What is money? Notes Coins Current deposits （活期存款） other deposits with banks（银行的其它存款） Currency(现金) M3 = C + D

Microeconomics Microeconomics(微观经济学) is the study of how individual households and firms make decisions and how they interact with one another in markets

Real GDP versus Money GDP (实际GDP和名义GDP) Money GDP/Nominal GDP(名义GDP) values the production of goods and services at current prices(以现价). Real GDP(实际GDP) values the production of goods and services at constant prices(以不变价格)

1. Adverse selection(逆向选择) The situation that occurs when the people who are most likely to receive benefits from a certain type of insurance are the ones who are most likely to purchase it

employment GDP=DI consumption saving

第一节会计凭证的意义和种类 一、会计凭证的含义 1 记录经济业务的书面证明; 2 明确经济责任的书面证明; 3 据以登记账簿的书面证明

1.简要回答官员在公共选择中的特殊之处 2.请说明四种投票方式各自的特点及应用条件。 3.指出在什么情况下才有可能保证公民选择的合理性

一、供应商价格分析 1、价格的含义。 供应商能够保证对其具备相当质量的货物持续进行供应的最低价格