MicroeconomicsAddison-Wesley, 1994 - 655 ˹éÒ |
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... unemployment rate ( the percentage of the labor force unemployed ) —is measured on the y - axis . The time - series graph con- veys an enormous amount of information quickly and easily : 1. It tells us the level of the unemployment rate ...
... unemployment rate ( the percentage of the labor force unemployed ) —is measured on the y - axis . The time - series graph con- veys an enormous amount of information quickly and easily : 1. It tells us the level of the unemployment rate ...
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... unemployment rate is falling . 3. It tells us the speed with which the unemployment rate is changing - whether it is rising or falling quickly or slowly . If the line rises or falls very steeply , then unemployment is changing quickly ...
... unemployment rate is falling . 3. It tells us the speed with which the unemployment rate is changing - whether it is rising or falling quickly or slowly . If the line rises or falls very steeply , then unemployment is changing quickly ...
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... unemployment rate . In particular , the increases in the unemploy- ment rate in 1974-1975 and in 1981-1982 look enormous when compared with the increases that appear in part ( a ) . With the origin omitted , small percentage changes in ...
... unemployment rate . In particular , the increases in the unemploy- ment rate in 1974-1975 and in 1981-1982 look enormous when compared with the increases that appear in part ( a ) . With the origin omitted , small percentage changes in ...
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amount average benefit budget calculate called capital cars CHAPTER choices cloth competitive consumer consumption corn cost curve countries decreases demand curve depends determined dollars economic effect elasticity elasticity of demand equal equilibrium example expected Explain factor falls Figure firms future given graph higher hour household illustrates important income increases individual industry input interest labor less long-run look loss lower marginal cost marginal revenue marginal utility measured million monopoly month opportunity cost output percent percentage person possible preferences problem production profit quantity demanded questions regulation relationship rent result rises scale sell shifts short-run shown shows slope soda sold substitution supply curve sweaters tapes theory things tion total cost trade units utility variable wage wage rate wealth week workers