MacroeconomicsAddison-Wesley Publishing Company, 1994 - 598 ˹éÒ |
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... explain how an airplane works , we would describe its key components- fuselage ( or body ) , wings , and engines , and also per- haps its flaps , rudder , and control and navigation systems . We would also explain that as powerful ...
... explain how an airplane works , we would describe its key components- fuselage ( or body ) , wings , and engines , and also per- haps its flaps , rudder , and control and navigation systems . We would also explain that as powerful ...
˹éÒ 331
... Explain how the Keynesian - monetarist contro- versy in question 14 was settled . 16 Explain how fiscal policy and monetary policy influence the composition of aggregate demand . 17 Explain the effect of an increase in the money supply ...
... Explain how the Keynesian - monetarist contro- versy in question 14 was settled . 16 Explain how fiscal policy and monetary policy influence the composition of aggregate demand . 17 Explain the effect of an increase in the money supply ...
˹éÒ 366
... Explain why inflation is a problem Explain how increasing aggregate demand generates a price - wage inflation spiral ◇ Explain how decreasing aggregate supply generates a cost - price inflation spiral ◇ Explain why it pays to ...
... Explain why inflation is a problem Explain how increasing aggregate demand generates a price - wage inflation spiral ◇ Explain how decreasing aggregate supply generates a cost - price inflation spiral ◇ Explain why it pays to ...
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$1 trillion aggre aggregate demand curve aggregate expenditure aggregate planned expenditure aggregate supply curve amount autonomous expenditure banks billion hours business cycle capital CHAPTER consume consumption expenditure curve for real decrease deficit deposits dollars economists equal equilibrium expenditure example exports factors factors of production fall Federal Reserve Figure firms fiscal policy fluctuations forecast GDP deflator government purchases graph growth higher households labor curve labor force labor market long-run aggregate supply macroeconomic ment million tapes monetary policy money multiplier money supply money wage rate multiplier natural rate OPEC open market operation opportunity cost output Phillips curve price level production possibility frontier quantity demanded quantity of labor quantity of money quantity of real quantity supplied rational expectations Real GDP trillions real wage rate recession relationship rises short-run aggregate supply slope tapes a week taxes tion trillions of 1987 U.S. economy unem unemployment rate