MacroeconomicsAddison-Wesley Publishing Company, 1994 - 598 ˹éÒ |
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˹éÒ 293
... real money holdings increase to $ 3,000 , and when the interest rate falls to 3 percent a year , real money holdings increase to $ 4,000 . The figure also graphs the Polonius household's demand curve for real money ( MD ) . If the ...
... real money holdings increase to $ 3,000 , and when the interest rate falls to 3 percent a year , real money holdings increase to $ 4,000 . The figure also graphs the Polonius household's demand curve for real money ( MD ) . If the ...
˹éÒ 322
... curve for real money MD , an increase in the money supply that shifts the real money supply curve from MS , to MS , decreases the interest rate from 5 percent to 3 percent . If the investment demand curve is ID , investment increas- es ...
... curve for real money MD , an increase in the money supply that shifts the real money supply curve from MS , to MS , decreases the interest rate from 5 percent to 3 percent . If the investment demand curve is ID , investment increas- es ...
˹éÒ 399
... Real GDP ( trillions of 1987 dollars ) 90 ' In 1990 , the economy was on its aggregate demand curve AD90 and its short - run aggregate supply curve , SAS , with real GDP at $ 4.9 trillion and a GDP deflator of 113. A large increase in ...
... Real GDP ( trillions of 1987 dollars ) 90 ' In 1990 , the economy was on its aggregate demand curve AD90 and its short - run aggregate supply curve , SAS , with real GDP at $ 4.9 trillion and a GDP deflator of 113. A large increase in ...
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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