MacroeconomicsAddison-Wesley Publishing Company, 1994 - 598 ˹éÒ |
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... United States and Japan provides a striking example of the effects of our choices on the rate of economic growth . In 1965 , the production possibilities per person in the United States were much larger than those in Japan ( see Fig ...
... United States and Japan provides a striking example of the effects of our choices on the rate of economic growth . In 1965 , the production possibilities per person in the United States were much larger than those in Japan ( see Fig ...
˹éÒ 509
... United States ( 8.5 million unemployed ) , a trade deficit with Japan ( $ 42 billion ) , and an upcoming election ( in November 1992 ) , President Bush visited Tokyo in January 1992 hoping to return with agreements that would boost U.S. ...
... United States ( 8.5 million unemployed ) , a trade deficit with Japan ( $ 42 billion ) , and an upcoming election ( in November 1992 ) , President Bush visited Tokyo in January 1992 hoping to return with agreements that would boost U.S. ...
˹éÒ 543
... United States prohibits the import of cars from Mexico , the U.S. automobile market remains unchanged and Mexican output is zero . If the United States permits free international trade in cars with Mexico , the price in SUMMARY READING ...
... United States prohibits the import of cars from Mexico , the U.S. automobile market remains unchanged and Mexican output is zero . If the United States permits free international trade in cars with Mexico , the price in SUMMARY READING ...
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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