This document provides a summary of chapters 23-26 from an exam review on macroeconomics. It defines key economic concepts like GDP, inflation, consumer price index, productivity, and the financial system. GDP is defined as the total market value of final goods and services produced within a country. Inflation rates measure changes in GDP deflator and CPI. The CPI tracks price changes in consumer goods. Productivity is defined as output per input. The financial system matches savers with borrowers through financial markets and intermediaries like banks and mutual funds.
34. If you want more wealth
you more need productivity
productivity requires innovation
innovation requires inventions
inventions require ideas
ideas require people